Question

A man buys a piece of land for Rs.3,84,000 he sells 2/5 of it at a loss of 6% at 1% should he sell the remaining piece of land to gain 10% on the whole

Answer 1

Answer:

18%

Step-by-step explanation:

given,

A farmer purchased a piece of land for Rs 1,50,000. he sold one third of it at a lost of 6%.

solution:-

cost price of the land = 1,50,000

cost price of one third of the land =1 50,000/3=50,000

selling price of one third of the land =0.94×50,000=47000

now total selling price to get 10% gain =1,50,000×1.1=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 =18,000×100/10000=18%

Hence, he should sell the remaining piece of land at 18% gain

I hope that helps you