Sanjay buys a field of agricultural land for Rs. 3,60,000. He sells one-third at a loss of 20% and two fifths at a gain of 25%. At what price must he sell the remaining field so as to make an overall profit of 10%?

Question

Sanjay buys a field of agricultural land for Rs. 3,60,000. He sells one-third at a loss of 20% and two fifths at a gain of 25%. At what  price must he sell the remaining field so as to make an overall profit of 10%?

Examsnet · Accepted Answer

Correct Answer is :  Rs. 1,20,000

Profit and Loss Practice Test 3