A man buys a plot of land at ₹ 360000.He sells one third of the plot a...
Where is remaining plot.. ??
first, he sells one third plot,,
secondly, he sells remaining two third plot...
In my humble opinion, you should see the question again..
A man buys a plot of land at ₹ 360000.He sells one third of the plot a...
Given:
- The man buys a plot of land for ₹ 360000.
- He sells one third of the plot at a loss of 20%.
- He sells two thirds of the remaining plot at a profit of 25%.
- He wants to sell the remaining plot at a profit of 10% on the whole.
To Find:
- The price at which he should sell the remaining plot in order to get a profit of 10% on the whole.
Step 1: Calculate the selling price of one third of the plot:
- Selling price = Cost price - Loss
- Loss = 20% of Cost price
- Selling price of one third of the plot = Cost price - (20% of Cost price)
- Selling price of one third of the plot = ₹ 360000 - (20/100 * ₹ 360000)
- Selling price of one third of the plot = ₹ 360000 - ₹ 72000
- Selling price of one third of the plot = ₹ 288000
Step 2: Calculate the cost price of two thirds of the remaining plot:
- Cost price = Selling price / (1 + Profit %)
- Profit % = 25%
- Cost price of two thirds of the remaining plot = Selling price / (1 + Profit %)
- Cost price of two thirds of the remaining plot = ₹ 288000 / (1 + 25/100)
- Cost price of two thirds of the remaining plot = ₹ 288000 / (1 + 0.25)
- Cost price of two thirds of the remaining plot = ₹ 288000 / 1.25
- Cost price of two thirds of the remaining plot = ₹ 230400
Step 3: Calculate the total cost price of the whole plot:
- Total cost price = Cost price of one third + Cost price of two thirds
- Total cost price = ₹ 360000 + ₹ 230400
- Total cost price = ₹ 590400
Step 4: Calculate the selling price of the remaining plot:
- Selling price = Cost price + Profit
- Profit = 10% of Cost price
- Selling price of the remaining plot = Cost price + (10% of Cost price)
- Selling price of the remaining plot = ₹ 590400 + (10/100 * ₹ 590400)
- Selling price of the remaining plot = ₹ 590400 + ₹ 59040
- Selling price of the remaining plot = ₹ 649440
Answer:
- The man should sell the remaining plot at ₹ 649440 in order to get a profit of 10% on the whole.
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