Question

A man buys a plot of land for rs. 72,000. He sells one-third of the land at a loss of 20% and two-fifth at a gain of 25%. At what price must he sell the remaining land so as to make an overall profit of 10%?

Answer 1

Answer:

Given, cost price of the land = 72000. = 24000. Loss = 20%. = 19200

Answer 2

Answer:

72000*1/3=24000*(100-20)%=19200.

2/5*72000=28800*125%=36000

he have to make a profile of 72000*10%=7200,

72000+

7200-(19200+36000)=24000

so remaining

land sold at rupees 24000