A man buys a piece of land.He sells 2/5 of his of it at a loss of 6%.At what gain per cent should he sell the remaining piece of land to have 12% gain on whole?
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Answer:
20.67%
Step-by-step explanation:
Solution:-
Given : C.P. of the land = Rs. 96000
C.P. of the 2/5th part of the land = 2/5 × 96000 = Rs. 38400
Loss on the sale of 2/5th part of land = 6 %
S.P of the 2/5th part of land = {(100-6) × 38400/100}
(94 × 38400)/100
94 × 384 = Rs. 36096
Total gain = 10 %
S.P. of the whole land = {(100+10) × 96000/100}
110 × 960
S.P. of the whole land = Rs. 105600
S.P. of the remaining part of the land i.e. 3/5th part = 105600 - 36096 = Rs. 69504
C.P. of the remaining part of land = (3×96000)/5 = Rs. 57600
Gain percentage of the remaining sold part of land
= {(69504 - 57600) × 100}/57600
= (11904 ×100)/57600
= 20.67 %
hope this satisfies you
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