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## #1 2015-04-16 07:30:01

### Overall Profit

**Question:**

A man 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%?

**Option A):**

Rs. 1,15,000**Option B):**

Rs.1,00,000**Option C):**

Rs. 1,20,000**Option D):**

Rs. 1,25,000

**Correct Answer is Option C):**

Rs. 1,20,000

**Explanation:**

SP of total agricultural field at a profit of 10% = (360000*110)/100 = Rs. 396000;

So, SP of 1/3 of field = (360000/3)*(80/100) = Rs. 96000;

SP of 2/5th of the field =(2*360000*125)/(5*100) = Rs. 180000;**Hence, **

SP of the remaining field = Rs. (396000-96000-180000)

= Rs. 120000.

You cannot discover the new oceans unless you have the courage to lose the sight of the shore.

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## 2015-04-16 07:30:01

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### Re: Overall Profit

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