A man buys a field of agricultural land for Rs 3,60,000. He sells one-

1.	A man buys a field of agricultural land for Rs 3,60,000. He sells one-third at a loss of 20% and \(\frac{2}{5}th\) at a gain of 25%. At what price must he sell the remaining field so as to make an overall profit of 10% ? (a) Rs 1,00,000 (b) Rs 1,15,000 (c) Rs 1,20,000 (d) Rs 1,25,000
Answer» (c) Rs 1,20,000 S.P. of the whole field = \(\frac{360000\times110}{100}\) = Rs 396000 S.P of the \(\frac{1}{3}\)rd part of the field = \(\frac{360000}{3}\) x \(\frac{80}{100}\) = Rs 96000 S.P. of the \(\frac{2}{5}\)th part of the field = 360000 x \(\frac{2}{5}\) x \(\frac{125}{100}\)= Rs 180000 S.P. of the remaining field = 396000 – (96000 + 180000) = Rs 120000.

A man buys a field of agricultural land for Rs 3,60,000. He sells one-third at a loss of 20% and \(\frac{2}{5}th\) at a gain of 25%. At what price must he sell the remaining field so as to make an overall profit of 10% ? (a) Rs 1,00,000 (b) Rs 1,15,000 (c) Rs 1,20,000 (d) Rs 1,25,000

Answer»

(c) Rs 1,20,000

S.P. of the whole field = \(\frac{360000\times110}{100}\) = Rs 396000

S.P of the \(\frac{1}{3}\)rd part of the field = \(\frac{360000}{3}\) x \(\frac{80}{100}\)

= Rs 96000

S.P. of the \(\frac{2}{5}\)th part of the field

= 360000 x \(\frac{2}{5}\) x \(\frac{125}{100}\)= Rs 180000

S.P. of the remaining field

= 396000 – (96000 + 180000)

= Rs 120000.