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

Question

Claire · Answer

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:

[tex] = >cost \: \: price = \dfrac{100}{100 + gain\%} \times sp[/tex]

[tex] = > \dfrac{100}{100 + 4} \times 143000[/tex]

[tex] = > \dfrac{100}{104} \times 143000[/tex]

[tex] = > \dfrac{14300000}{104} [/tex]

[tex] = > 137500[/tex]

Hence, Cost price of the plot is Rs 137500

Know More:

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Find the SP when CP is = 9600 gain=50/3%

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Reply

Elliana · Answer

Given   :-      SP of land = Rs.1,43,000    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 ...   https://brainly.in/question/26371723    Q. 6. . The cash price of a scooter in a show- room is Rs. 20,000   https://brainly.in/question/17242479

Elliana

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

Given:

To find:

Solution:

Hence, Cost price of the plot is Rs 137500

Know More:

Solution :-

therefore, Vinod purchase the land at Rs.137500.