Question

a man buys a land of 72000 and sell one-third of at loss of 20%and two-fifth at 25% what price must he sell the land to make profit of 10%’

Answer 1

He must sell the land for 79200 rs

Answer 2

Here is an example for your question:-

Q) A man buys a plot of agricultural land for rs 300000. He sells one third at a loss of 20% and two fifths at a gain of 25%. At what price must he sell the remaining land so as to make an overall profit of 10%?

A) CP of the total land = Rs 300000

Sold 1/3 of land at loss of 20%

CP of 1/3 land = 1/3* 300000 = 1,00,000

SP of 1/3 land = CP * ( 1- Loss%/100) = 100000 * ( 1- 20/100) = 100000* 80/100 =Rs. 80,000/-

Similarly sold 2/5 at a gain of 25%

CP of 2/5 land = 2/5*300000= 1,20,000/-

SP of 2/5 land = 120000 * ( 1+25/100) = 120000* 125/100 = Rs. 1,50,000/-

Total gain % reqd = 10%

Total SP reqd = Total CP * ( 1+ Gain%/100) = 300000 * (1+10/100) = 300000* 110/100 = Rs. 3,30,000/-

SP of the balance land = 3,30,000- 80,000 1,50,000 = 1,00,000/-

Therefore he has to sell the balance land at Rs 1,00,000/- (Answer)