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A piece of land came to a person through three middleman each gaining 20%. If the person purchased the land for 6,45,600, the original cost of the land was?
A ₹375698
B ₹482659
c₹373611
2376124?
Most Upvoted Answer
A piece of land came to a person through three middleman each gaining ...
- **Given Information**:
- Land purchased for: ₹6,45,600
- Each middleman gain: 20%
- **Calculations**:
- Let the original cost of the land be x
- First middleman sells at 120% of the cost, so the price becomes 1.2x
- Second middleman sells at 120% of the previous price, so the price becomes 1.2 * 1.2x = 1.44x
- Third middleman sells at 120% of the previous price, so the price becomes 1.2 * 1.44x = 1.728x
- The final selling price is ₹6,45,600, so 1.728x = ₹6,45,600
- Solving for x, we get x = ₹3,75,698
- **Final Answer**:
- The original cost of the land was ₹3,75,698
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A piece of land came to a person through three middleman each gaining 20%. If the person purchased the land for 6,45,600, the original cost of the land was?A ₹375698B ₹482659c₹3736112376124?
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