A man buys a land for ₹5,00,000. He sells one-fifth at a loss of 20% and two fifths at a profit of 25%. At what price must he sell the remaining land so as
make an overall profit of 10%?
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He got 80 thousand rupee by selling his one-fifth land at a loss of 20%.
He got 2 lakh 50 thousand rupee by selling his two-fifth land at a profit of 25%.
Total, he got 3 lakh 30 thousand rupee.
Overall profit of 10% from 5 lakh= 5 lakh 50 thousand.
The remaining land he must sell at (5 lakh 50 thousand - 3 lakh 30 thousand = 2 lakh 20 thousand rupee) if he want to make an overall profit of 10%.
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