Question

Gaurav bought a piece of land for one lakh rupees. he sold one fourth of the land at the Loss of 5% .what should be the selling price of remaining land so that he make a profit of 15% on the whole deal

Answer 1

1/4th of land means
(1/4)×1,00,000
=25,000

SP = (95/100)×25000= 23,750

total profit is 15%
i.e., (115/100)×1,00,000=1,15,000

so rest SP should be
1,15,000-23,750=91,250

Answer 2

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