Practicing Success
A man bought a piece of land for ₹48,000. He sold two-fifth of it at a loss of 10%. At what gain percentage (rounded off to 1 decimal place) should he sell the remaining land to earn an overall profit of 42%? |
76.7% 84.3% 79.5% 89.8% |
76.7% |
Let the total quantity = 10 CP SP Two fifth 4 3.6 three fifth 6 x ————————————— 10 14.2 (overall gain = 42%) x = 14.2 - 3.6 = 10.6 Profit at which remaining is sold = ( 10.6 - 6) × \(\frac{100}{6}\) = 76.7% |