Question

Vinod sold a plot of land for Rs.1,43,000 gaining 4%. For how much did he purchase the plot?

Answer 1

Given :-

• SP of land = Rs.1,43,000

1. Gain = 4% .

To Find :-

• CP of land ?

Solution :-

we know that ,

→ CP = (SP * 100) / (100 + Gain %)

putting given values we get,

→ CP = (143000 * 100) / 104

→ CP = Rs.137500 (Ans.)

therefore, Vinod purchase the land at Rs.137500.

Learn more :-

एक आदमी ने एक साईकिल 3,000 रुपये में खरीदी और 12% ब्याज के रूप में देने के लिए सहमत हुआ। उसने मूलधन और ब्याज 12 समान ...

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Answer 2

Given:

Vinod sold a plot of land for Rs.1,43,000 gaining 4%.

To find:

The cost price of the land

Solution:

when the gain percentage and selling price is given, the formula to find the cost price is as follows:

Finding cost price:

$= >cost \: \: price = \dfrac{100}{100 + gain\%} \times sp$

$= > \dfrac{100}{100 + 4} \times 143000$

$= > \dfrac{100}{104} \times 143000$

$= > \dfrac{14300000}{104}$

$= > 137500$

Hence, Cost price of the plot is Rs 137500

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