Question

A man buys a plot at RS. 3,60,000.he sells one third of the plot at a loss of 20% again he sells two third of the plot left at a profit of 25%, at what price should he sell the remaining plot in order to get a profit of 10% on the whole.

Answer 1

Answer:

He should sell the remaining plot at 25% profit in order to get a profit of 10% on the whole

Step-by-step explanation:

Cost of the whole plot = Rs. 360000

Cost of one third plot = 360000 * 1/3 = 120000

S.P of one third plot = 120000 - 20% = 120000 - 24000 = 96000

Cost of the remaining plot = 360000 - 120000 = 240000

Cost of Two third of remaining plot = 240000 * 2/3 = 160000

S.P of Two third of remaining plot = 160000 + 25% = 160000 + 40000 = 200000

10% profit on whole = 360000 + 10% = 396000

Received till now = 96000 + 200000 = 296000

Cost of one third of remaining plot = 80000

Rs. 80000 plot should be sold for Rs. 100000 to get 10% profit on the whole.

Therefore,

=> 20000/80000 * 100 = 25% profit