I. A man buys a plot of agricultural land for300000.He sells one-third

1.	I. A man buys a plot of agricultural land for300000.He sells one-third at a loss of 20% and two-fifths ata gain of 25%. At what price must he sell theremaining land so as to make an overall profit of10%?
Answer» SP of total agricultural field at a profit of 10% = (360000110)/100 = Rs. 396000. So, SP of 1/3 of field = (360000/3)(80/100) = Rs. 96000. SP of 2/5th of the field =(2360000125)/(5*100) = Rs. 180000. Hence, SP of the remaining field = Rs. (396000-96000-180000). = Rs. 120000.

I. A man buys a plot of agricultural land for300000.He sells one-third at a loss of 20% and two-fifths ata gain of 25%. At what price must he sell theremaining land so as to make an overall profit of10%?

Answer»

SP of total agricultural field at a profit of 10% = (360000*110)/100 = Rs. 396000.

So, SP of 1/3 of field = (360000/3)*(80/100) = Rs. 96000.

SP of 2/5th of the field =(2*360000*125)/(5*100) = Rs. 180000.

Hence,

SP of the remaining field = Rs. (396000-96000-180000).

= Rs. 120000.