Gopal purchased 50 hectares of land at Rs 3000 /- per hectare. If he sells at Rs 36/- an are, then find the gain%.
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Answer:
Step-by-step explanation:
C.P. = Rs. 3000 / ha
= 50 x 3000
= Rs. 1,50,000
1 ha = 100 a
50 ha = 5000 a
S.P. = Rs. 36 / a
= 36 x 5000
= Rs. 1,80,000
Gain = S.P. - C.P.
= 1,80,000 - 1,50,000
= Rs. 30,000
Gain % = (gain/C.P.) x 100
= (30,000/1,50,000) x 100
= 0.2 x 100
= 20%
Hope it helps
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