Question

A man buys plot of land at rs.72000. he sell one third of the land at a loss of 20percent and two-fifth of land at a gain of 25 percent .At what price must he sell the remaining land so as to make an overall profit of 10percent

Answer 1

Answer:

cp=Rs 72000

1/3 of 72000=24000.

sp=24000x80/100 = 19200

2/5 of 72000=30000

SP=3oooox 125 / 100 = 37500

overall profit = 10%

sp=, 72000x110/100 = 79200

Remaining land is to be sold:

79200-(19200+37500)

79200-56700=22500

Remaining land is to be sold for

Rs22500

.