Question

Shashank sold a plot land for₹3,20,60,0 gaining of 25% for how much did he purchased the plot

Answer 1

Answer:

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Step-by-step explanation:

Cost =  Rs 3, 60, 000.

cost of 1/3 of the plot = Rs 1,20,000.

loss due to its sale = 20% = Rs 24,000.

cost of the second 1/3 of the plot = Rs 1,20,000

Profit due to its sale = 25% = Rs 30,000.

Net profit to be gained on the overall sales = 10%  =  Rs 36, 000.

 

Profit to be gained from the sale of third part = Rs 36,000 - 30, 000 + 24,000

       = Rs 30,000

So Sale price for the last 1/3 of the plot = Rs 1,20, 000 + Rs 30, 000

       = Rs 1, 50, 000.