A man buys a plot at land at -
360000 . He sell one third of the
plot at a loss of 20℅. Again he sells
two third of the plot left at Profit
of 25%. At what price should be sell
the remainning plot in order to
get a profit of 10% on whole.
Answers
Answer:
gain profit more than 10 percent
The last part of the land should be sold at 150000rs
The total price of the land is 360000.
For the first 1/3 part he should get
x 360000= 120000rs.
But he sells it at a loss of 20%
The amount of loss is →
x120000= 24000rs
Therefore, the amount at which the farmer sold 1/3 of land is →
120000-24000= 96000
Similarly, the next 1/3 of the land was sold at ab amount of
120000+ 25%.
profit(amount)=120000 + 30000=150000rs
To get a total profit of 10% the amount at which the total land should be sold is →
360000+10%profit(amount)= 360000+36000=396000
So the total amount at which he should sell all the three parts should be 396000rs
Therefore,96000+150000+x=396000
Therefore,96000+150000+x=396000
(here x is equal to the amount at which the last 1/3 part of the land should be sold)
Now, 246000+x=396000
. x= 396000-246000= 150000rs.
→Therefore the last part of the land should be sold at 150000rs.