Question

a man bought a piece of land for rs 15000.he sold 1/3 of the land at loss 5% and what gain % should he sell the remaining to gain 8% on the whole.

Answer 1

15,000/3 = $5,000 = selling price to break even.

0.95 * 5000 = $4750 = selling price.

Loss = 5000-4750 = $250.

10,000 + 250 = $10,250 = selling price to break even.

15,000 * 1.08 = $16,200 = total selling price for 8% profit.

16,200-4750 = $11,450 = Selling price of the remaining 2/3 for 8% total profit.

Answer 2

11,450-10,000 = $1450 = profit on the remaining 2/3.

1450/10,000 * 100% = 14.5 % = Gain % on remaining 2/3.

Answer 3

I cannot understand that answer given by you.

Answer 4

i can