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A man buys a field of agricultural land for $ 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 %?
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- $ 1,00,000
- $ 1,15,000
- $ 1,20,000
- $ 1,25,000
Correct Option: C
Here , CP of total agricultural field = $ 3,60,000
| SP of total agricultural field = $ |  | 360000 × | 110 |  | = $ 396000 | |
| 100 |
| SP of one–third of the field = | × 360000 × | = $ 96000 | 3 | 100 |
| SP of | | th of the field | | 5 |
| Or SP of two –fifth of the field = | × 360000 × | = $ 180000 | 5 | 100 |
∴ SP of the remaining field = $ (396000 – 96000 – 180000) = $ 120000
