Karan sold a piece of land through a broker. The broker charged him ₹27,000 which was 2.5% of the Land's total price. Find the total price of the land which Karan sold.
A
₹12,40,000
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B
₹10,80,000
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C
₹11,44,000
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D
₹9,60,000
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Solution
The correct option is B ₹10,80,000 Let the price of the Land be ₹x. 2.5% of x = ₹27000 ⇒ x = 27000×1002.5 = ₹10,80,000