Question 15 Marks
Ahmed buys a plot of land for Rs. 480000. He sells of it at a loss of 6%. At what gain percent should he sell the remaining part of the plot to gain 10% on the whole?
Answer
View full question & answer→CP of the plot of land = Rs. 4,80,000
CP of $\frac{2}{5}\text{th}$ of the land $=\frac{2}{5}\times480000=\text{Rs. }1,92,000$
Loss on $\frac{2}{5}\text{th}$ of the land = 6%
SP of $\frac{2}{5}\text{th}$ of the land = CP - Loss
$=192000-\frac{6}{100}\times19200=\text{Rs. }1,80,480$
CP of $\frac{3}{5}\text{th}$ of the land = 480000 - 192000 = Rs. 2,88,000
Total gain % = 10%
Total gain $=\frac{10}{100}\times480000=\text{Rs. }48,000$
Total SP = CP + Gain = Rs. 4,80,000 + Rs. 48,000 = Rs. 5,28,000
SP of $\frac{3}{5}\text{th}$ of the land = Rs. 5,28,000 - Rs. 1,80,480 = Rs. 3,47,520
Gain on $\frac{3}{5}\text{th}$ of the land = SP of $\frac{3}{5}\text{th}$ land - CP of $\frac{3}{5}\text{th}$ land
= Rs. 3,47,520 - Rs. 2,88,000 = Rs. 59,520
Gain % on seling the remaining part of the plot
$=\frac{\text{gain}}{\text{CO of }\frac{3}{5}\text{th land}}\times100\%=\frac{59520}{288000}\times100\%=20\frac{2}{3}\%$
CP of $\frac{2}{5}\text{th}$ of the land $=\frac{2}{5}\times480000=\text{Rs. }1,92,000$
Loss on $\frac{2}{5}\text{th}$ of the land = 6%
SP of $\frac{2}{5}\text{th}$ of the land = CP - Loss
$=192000-\frac{6}{100}\times19200=\text{Rs. }1,80,480$
CP of $\frac{3}{5}\text{th}$ of the land = 480000 - 192000 = Rs. 2,88,000
Total gain % = 10%
Total gain $=\frac{10}{100}\times480000=\text{Rs. }48,000$
Total SP = CP + Gain = Rs. 4,80,000 + Rs. 48,000 = Rs. 5,28,000
SP of $\frac{3}{5}\text{th}$ of the land = Rs. 5,28,000 - Rs. 1,80,480 = Rs. 3,47,520
Gain on $\frac{3}{5}\text{th}$ of the land = SP of $\frac{3}{5}\text{th}$ land - CP of $\frac{3}{5}\text{th}$ land
= Rs. 3,47,520 - Rs. 2,88,000 = Rs. 59,520
Gain % on seling the remaining part of the plot
$=\frac{\text{gain}}{\text{CO of }\frac{3}{5}\text{th land}}\times100\%=\frac{59520}{288000}\times100\%=20\frac{2}{3}\%$