Question

A farmer purchased a piece of land for Rs 2,40,000, .He sold one-third of it at loss of 10%At what gain percent
should he sell the remaining piece of land in order to gain 20% on the whole transaction.
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Answer 1

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Cost price of the land = 1,50,000

Cost price of one third of the land = 50,000

Selling price of one third of the land = 0.94 x 50,000 = 47000

Now total selling price to get 10 % gain = 1,50,000x 1.1 = 165000

Selling price of remaing two third of the land = 165000 - 47000 = 118000

Cost price of two third of the land = 100,000

Gain percent on two third of the land = 18,000x100/100000 = 18 %

Hence he should sell at 18 % gain, remaining teo third of the land.

Answer 2

Answer:

200000 is right and final answer

Step-by-step explanation:

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