Question

The value of land is increased by 20%. It is now Rs 18000. What was the price of the land before increase in price?

Answer 1

80% of 18000
=14400

Price of land before was ₹14400.

Answer 2

Given that : The value of land is increased by 20%

Present value of land = Rs. 18000

Before increasing the value of Land :

$18000 \times \frac{100}{120} \\ \\ = > 15000$

So, before increasing the value of land was Rs. 15000