Question

Sumeet bought a plot of land for 225000 rupees. He sold 1/3rd of the plot at a loss of 8%. At what per cent profit must he sell the remaining plot of land in order to get an overall profit of 12%

Answer 1

Answer:

he sold 1/3@ 75000*92/100

750*92

69000

for 12 percent profit he must get 225000*112/100

112*2250

225000+22500+4500

262000

262000-69000=193000

he must sell land of 150000 in 193000

so 43000 profit

percent is 43/150

86/3 percent

28.66 percent