Question

Daksh buys a plot for rs.7000000.he sells 3/8of plot at a loss of 6%. At what price he should sell the remaining plot so that he gains 8%on the money invested in the plot.

Answer 1

cp = rs7000000
let the area of plot=x
-he sells 3/8 of x=3x/8
loss%=6%
cp of full plot=rs7000000
cp of 3x/8 plot =7000000/x × 3x/8
=7000000 × 3/8
=rs2625000
sp=cp(100-loss%)
=2625000(100-6)/100
=2625000×94/100
=246750000/100
=rs2467500

remaining plot=x-3x/8
=8x-3x/8
= 5x/8
sp for making profit of 8%
8%of 7000000=8/100 × 7000000
=8×70000
=rs 560000
p=sp-cp
560000=sp-7000000
560000+7000000=sp
rs7560000=sp

Answer 2

I hope this is ur answer..