Vinay sold a plot of land for ₹143000, gaining 4%. For how much did he purchase the plot?
Answers
Answered by
1
Step-by-step explanation:
x *104%=143000
x=143000/104%
x=14300000/104
x=137500
Answered by
7
Answer:
137280₹ is the answer of your question.
Step-by-step explanation:
Here, Vinay is selling the plot on 4% profit with selling price ₹143000.
So, first of all we will find the profit earned,
Profit = 4% of 143000
Profit = 4/100×143000
Profit = 5720
So, the profit earned is ₹5720.
Now, to find the Cost price we will use the formula,
C.P. = S.P. - Profit
So, cost price will be,
C.P. = 143000 - 5720
C.P. = 137280
So, the cost price of the plot is ₹137280.
Hope it will help you!!
Have a good day!!
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