Question

a farmer purchased a piece of land for rupees 150000 he sold one third of it at a loss of 6% at fat gain percent should he sell the remaining piece of line in order to gain 10% on the whole land
give the step by step explanation of this question the direct answer in my book answer sheet is 18%​

Answer 1

Answer:

Since he needs to gain 10% on total land so first let's see what's 10% of 150000 i.e., Rs 15000

Which means his amount of sale on total earning should be 110/100 * 150000 = Rs 165000

Now he sold half i.e., Rs 75000 at 6% loss i.e., at Rs 70500.

He has lost Rs 4500 on half. So he should cover this first on the remaining and then should also earn Rs 15000 so that it will be 10% on total as shown above.

So total gain he should earn on half i.e., Rs75000 is Rs4500 + Rs15000 = Rs 19500

Now to convert it into percentage we can simple formulae which is

19500/75000 * 100 = 26%

The answer in your answer book must be mis-printed.