Ahemad bout a plot of land for lease 9600 he said 2 upon 5 of it at a loss of 6% at what gain percent should he sell the remaining part of the plot to gain 10% on the whole
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Cost of land =96000
He has sold 2/5 land and amount he got =2×96000×0.94/5
=36096
To gain 10% profit he has to get total of = 96000×1.1
=105600
selling 3/5 of land he has to get=105600-36096=69504
cost of 3/5 land=96000×3/5=57600
Gain % =100×(69504-57600)/57600=20.66
He should sell the land at 20.66 gain.
Read more on Brainly.in - https://brainly.in/question/59693#readmore
He has sold 2/5 land and amount he got =2×96000×0.94/5
=36096
To gain 10% profit he has to get total of = 96000×1.1
=105600
selling 3/5 of land he has to get=105600-36096=69504
cost of 3/5 land=96000×3/5=57600
Gain % =100×(69504-57600)/57600=20.66
He should sell the land at 20.66 gain.
Read more on Brainly.in - https://brainly.in/question/59693#readmore
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