Question

Thomas bought 10 cents of land at 75000 rupees a
cent. He spent 50000 rupees to build a wall around
and 60000 rupees to dig a well. He sold the plot at
90000 rupees a cent. Was it a gain or loss for him?
How much?​

Answer 1

It is gain of 95000 rupees

Step-by-step explanation:

10 cent=75000 rs.

then,1 cent =75000÷10

=7500 rs.

total amount =75000+50000+60000

=185000 rs.

he has a gain because

185000-90000 {90000 per cent}

=95000 rs .

ans.

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@dolly.

Answer 2

The gain or loss for him is ₹40,000

Step-by-step explanation:

Given information

Purchase of land for 10 cents = ₹75,000 × 10 = ₹750,000

Wall around cost = ₹50,000

Well digging cost = ₹60,000

The Selling price of the plot = ₹900,000

By considering the above information the gain or loss would be

= Selling price of the plot - Purchase of land - Wall around cost - Well digging cost

= ₹900,000 - ₹750,000 - ₹50,000 - ₹60,000

= ₹40,000

Since the sales price is more than the purchase price so it would be a gain.

And we assume the plot was sold at ₹900,000 not ₹90,000 as this ₹90,000 would be a typing error.

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