a man purchased a rectangular piece of land for housing purpose at the rate of rs.95,000 per hectare. the area of plot was 1.5 hectares. he divided this site into 4 plots of equal area and sold it at rs.15 per sq.m. find his gain?
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1 hectare= 10,000m sq
1.5 hectare=15000m sq
man purchase 1 hectare from 1.5 hectare
= 1.5-1 hectare
=0.5 hectare
= 5000m sq
A.T.Q
he divided in 4 plots and sold at rs 15 per m sq
= 15*5000m sq
= rs75000
now ,
S.P =rs 95000
C.P =rs 75000
Gain = SP-CP
gain = rs (95000-75000)
gain=rs20,000
gain percentage = p/cp *100
20,000/75000*100
=13.33 percent answers
1.5 hectare=15000m sq
man purchase 1 hectare from 1.5 hectare
= 1.5-1 hectare
=0.5 hectare
= 5000m sq
A.T.Q
he divided in 4 plots and sold at rs 15 per m sq
= 15*5000m sq
= rs75000
now ,
S.P =rs 95000
C.P =rs 75000
Gain = SP-CP
gain = rs (95000-75000)
gain=rs20,000
gain percentage = p/cp *100
20,000/75000*100
=13.33 percent answers
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