Question

Ahmed buys a plot of land for 480000. He sells 2/5 of it at a loss of 6%. At what gain per cent should he sell the remaining part of the plot to gain 10% on the whole?
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Answer 1

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Ahmed buys a plot of land for Rs.480000. He sell

5

2

of it at a loss of 6%. At what gain per cent should he sell the remaining part of the plot to gain 10% on the whole?

Medium

Solution

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Buy of land =Rs. 480000

5

2

×480000=Rs. 192000

Loss=6%

100

100−6

×192000=Rs. 180480

Total gain=10%

100

100+10

×480000=Rs. 528000

S.P=528000−180480=Rs. 347520

C.P of remaining part of land =

5

3

×480000=Rs. 288000

Gain% of remaining part of land =

C.P

S.P−C.P

×100

=

288000

347520−288000

×100

=20.6%

Hence, this is the answer.