Question

Prof chinmayee sells a price of land 15 500
Gain 5percent on it .for how much did he bye ta land and if he had sold it for 16 275 what percentage she should have gained or lost

Answer 1

Answer:

Given :- chinmaya sells a piece of land for 15500 and he gains 5% on it. for how much did she buy the land. if she had sold it for 16275 so what percentage she would have gain or lose. ?

Solution :-

Given that,

→ Selling Price(SP) of land = Rs.15500

→ gain % = 5% .

So,

→ Cost Price(CP) of land for chinmaya = (SP * 100) / (100 + gain%)

→ CP = (15500 * 100) / (100 + 5)

→ CP = (15500 * 100) / 105

→ CP = Rs.14761.9

Therefore, chinmaya but the land for Rs.14761.9 .

Now,

→ CP = Rs.14761.9

→ SP = Rs.16275

So,

→ Gain = SP - CP

→ Gain = 16275 - 14761.9 = Rs.1513.1

Now,

→ Gain % = (Gain in Rs. * 100) / CP

→ Gain % = (1513.1 * 100) / (14761.9)

→ Gain % = 10.25% .

Hence, she would have gain 10.25% if she sold the land at Rs.16275.

Learn more :-

The cost price of 30 articles is equal to the

selling price of 25 articles. Find the loss or

gain percent.

Step-by-step explanation: