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an buys a pit of land at 3,60,000. H sells one third of the plot at a loss of 20% Again he sellsof the plot left at a profit of 25%. At what price should he sell the remaining plot in order tog prices of the commodity in both the cascget a profit of 10% on the whole?. A shopkeener houuhtce looks for34 and sold them at the rate of 12 locks for:57. |
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Answer» Cost = Rs 3, 60, 000. cost of 1/3 of the plot = Rs 1,20,000.loss due to its sale = 20% = Rs 24,000. cost of the second 1/3 of the plot = Rs 1,20,000Profit due to its sale = 25% = Rs 30,000. Net profit to be gained on the overall sales = 10% = Rs 36, 000. Profit to be gained from the sale of third part = Rs 36,000 - 30, 000 + 24,000 = Rs 30,000 So Sale price for the last 1/3 of the plot = Rs 1,20, 000 + Rs 30, 000= Rs 1, 50, 000 |
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