Given:
Cost price of a land = Rs. 108,000
Profit = 20%
To find:
The selling price of the land.
Solution:
We know that,
Selling price = Cost price + Profit
= Cost price + 20% of Cost price
= [tex]108000+\dfrac{20}{100}\times 108000[/tex]
= [tex]108000+21600[/tex]
= [tex]129600[/tex]
Therefore, the selling price of the land is Rs. 129600.
