Question

The value of piece of land increased by 25% and is worth 10 lakhs now. What was the original price?

Answer 1

Given:

reduced by 25%

Present worth 10,00,000

so, let x be original price

then,

x - (10/100)x = 10,00,00

x - 0.1x = 100000

(1-0.1)x = 100000

0.9x = 100000

x = 100000/0.9

x = 1000000/9

x = 111111.111111111.......

so,

x = 1,11,111.1112

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