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Question

Ahmed buys a plot of land for ₹480000.He sells 2/5of it at loss of 6% . At what gain per cent must the remaining sugar be sold to have a gain of 12% on the whole.

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Solution

Buy of land =480000
2/5*480000=192000 rs
loss=6%
(100-6)/100*192000=180480

total gain =12%
(100+12)/100*480000=537600

sp=537600-180480=357120

cp of remaining part of land =3/5*480000=288000

gain% of remaining part of land= sp-cp/cp*100

<=>357120-288000/288000*100
=24 %

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