Question

Suresh bought 27 sq. metre of land at the rate of Rs. 3500 per Katha. He sold half of that land at the rate of Rs. 4000 per sq. metre and remain- ing at Rs. 4300 per sq. metre. What is his profit per cent ?​

Answer 1

Answer:

profit percentage= 14894.98%

Step-by-step explanation:

In the context to given question;

we have to find the profit percent .

given;

Suresh bought = 27 sq. m

at the rate of 3500 RS / Katha

we know that  one Katha = 126.5 sq. m ( approx.)

27 sq. m = 0.2135 Katha

Suresh's plot = 3,500 x 0.2135 = 747.25

Half of the Land = 13.5 sq. m

It is given that

Half of land sold at 4000RS/ sq. m = 13.5 x 4000 = 54,000 RS

Half of land sold at 4300RS / sq. m = 13.5 x 4300 = 58,050 RS

Therefore he sold the total land in 1,12,050 RS

Profit = selling - purchasing price

= 1,12,050 - 747.25

= 1,11,302.75 RS

Profit Percentage = (Profit/ cost price ) x 100

= (1,11,302.75/747.25 ) x 100

= 148.9498 x 100

= 14894.98%