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A farmer purchased a piece of land for Rs 1,50,000 he sold one third of land at the loss of 6% . At what gain percent should he sell the remaining land to get 10% on the whole lot.

Answer :

gautamisahoo
Cost of one third of land=150000/3 = 50000 Rs
At 6% loss sale price=50000*94/100 =47000 Rs
To get 10% profit the final sale price =150000*110/100=165000 Rs
He has to sale 2/3 of land at 165000 - 47000 =118000 rs
Purchase price of 2/3 land =150000*2/3 = 100000
The gain % = (118000-100000)*100/100000=18%
He has to sale remaining land at 18% profit.

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