Shashank sold a plot land for ₹3,20,60,0 gaiming of 25% for how much did he purchased the plot
Answers
Answer:
Cost Price=₹256480
Step-by-step explanation:
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Answer:
₹245680
Step-by-step explanation:
Selling Price of the land = ₹320600
Gain = 25%
Find the selling price in percentage:
Cost Price = 100%
Gain = 25%
Selling Price = Cost Price + Gain
Selling Price = 100 + 25 = 125%
Find the cost price (100%):
Selling Price = 125%
Selling Price = ₹320600
125% = ₹320600
1 % = 320600 ÷ 125
1% = ₹2564.80
1% = ₹2564.80
100% = 2564.80 x 100
100% = ₹256480
Answer: He purchased the plot of land at ₹245680