Question

shakeel bought a land for RS 95,000.he sells 2/5th of it at a loss of 16%. at what price should he sell the remaining part of land to have a gain of 24% on whole transaction​

Answer 1

The remaining land should be sold at 79,800 so there should be a gain of 24% on the whole transaction.

GIVEN: Cost of land= 95,000; Sold 2/5th land at 16% loss.  

TO FIND: At what price he should sell to gain 24%on the remaining land

SOLUTION:

Total Land= 95,000

$\frac{2}{5}$ Land of 95,000 = 38,000

$\frac{2}{5}$ the land is sold at a loss of 16% = 6080

The remaining land should be sold at 24%

Left land after selling it at a loss = 95000 - 38000

                                                       = 57000

So, the cost of land at which it should be sold = 57000 + 95000 of 24%

                                                                             = 57000 + 22800

                                                                                = 79,800

The remaining land should be sold at 79,800 so there should be a gain of 24% on the whole transaction.

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Answer 2

Answer:

Step-by-step explanation: