Question

A man bou5 a piece of land for 15000.He sold 1/3 of this land at a loss of 5 percent. At what gain percent should he sell the remaining land in order to gain 8% on whole the transaction.​

Answer 1

Step-by-step explanation:

a man bought a piece of land for rs 15000. he sold 1/3 of the land at loss 5% and what gain % should he sell the remaining to gain 8% on the whole. 15,000/3 = $5,000 = selling price to break even. 0.95 * 5000 = $4750 = selling price