Q. 334.3( 75 Votes )

Ahmed buys a plot of land for Rs. 480000. He sells 2/5 of it at a loss of 6%. At what gain per cent should he sell the remaining part of the plot to gain 10% on the whole?

Answer :

CP of plot = Rs.480000


SP of plot to gain 10%


SP =


= ((100 + 10) /100) × 480000


= Rs.528000


CP for 2/5 area of plot = 480000 × 2/5


= Rs.192000


SP of 2/5 area of plot will be


SP = ((100 – Loss %)/100) × CP


= ((100 - 6) / 100) × 192000


= Rs.180480


Difference between both the Selling Prices


= 528000 – 180480


= Rs.347520


CP for 3/5 land = 480000 – 192000


= Rs.288000


SP for 3/5 land = Rs.347520


Gain = SP - CP


= 347520 – 288000


= Rs.59520



= (59520 × 100) / 288000


= 20.66%


So, to gain 10% on whole remaining land should be sold at 20.66%.


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Related Videos
Quiz on Profit, Loss and Discount23 mins
NCERT | Solving NCERT Questions on Profit and Loss48 mins
Genius Quiz | Only Profit no Loss.33 mins
Only Profit no Loss42 mins
Deciding business future with Profit and Loss50 mins
Profit and Loss was Never so Easy41 mins
Quiz | Deciding the Business Future with Profit and Loss54 mins
Goprep Genius Quiz on Direct and Inverse proportions32 mins
Genius Quiz | How, When and Where38 mins
QUIZ | Exponents and PowerFREE Class
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
view all courses