Sohail bought a plot of land foss ₹96000.
He sold 2/5 of it at a loss of 6%. At what profit per cent should he sell the remaining part of to get a profit of 10% on the whole
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Solution:
Given : C.P. of the land = Rs. 96000
C.P. of the 2/5th part of the land = 2/5 x 96000
Rs. 38400
Loss on the sale of 2/5th part of land = 6% S.P of the 2/5th part of land = {(100-6)
38400/100}
(94 x 38400)/100
94 x 384 = Rs. 36096 Total gain = 10 %
S.P. of the whole land = {(100+10) x 96000/100}
110 x 960
S.P. of the whole land = Rs. 105600
S.P. of the remaining part of the land i.e. 3/5th part = 105600 - 36096 = Rs. 69504
C.P. of the remaining part of land = (3x96000)/5 = Rs. 57600
Gain percentage of the remaining sold part of
land
= ((69504 - 57600) x 100}/5760o
(11904 x100)/57600
= 20.67 %
Answer
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