Example 4: A plot of land is sold for Rs 392,000 at a profit of
12%. Find its cost price.

Question

Example 4: A plot of land is sold for Rs 392,000 at a profit of 12%. Find its cost price.​

Cora · Answer

Answer:   the cost price is Rs. 3,50,000.

Genesis · Answer

Answer:   CP=350000   Step-by-step explanation:   SP=392000  P%=12%  CP=SP×100/100-P%  CP=392000×100/100+12  CP=392000×100/112  CP=350000

Example 4: A plot of land is sold for Rs 392,000 at a profit of12%. Find its cost price.​