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N.K. Sharma
N.K. Sharma
Asked: April 4, 20242024-04-04T09:26:06+05:30 2024-04-04T09:26:06+05:30In: SSC Maths

There is a piece of land 10,000 metre square which is to be sold at the rate of Rs. 2000 per square metre. If a man has Rs. 2,50,000 with him, find the percentage of land that he can purchase with this amount.

There is a piece of land 10,000 metre square which is to be sold at the rate of Rs. 2000 per square metre. If a man has Rs. 2,50,000 with him, find the percentage of land that he can purchase with this amount.

SSC CGLSSC Maths Practice Questions with Solution
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    1. Abstract Classes Power Elite Author
      2024-04-04T09:26:42+05:30Added an answer on April 4, 2024 at 9:26 am

      Let’s calculate the percentage of land that the man can purchase with Rs. 2,50,000.

      First, we’ll find out the total cost of the land:

      Total cost of the land = Area of the land × Rate per square metre
      = 10,000 m² × Rs. 2000/m²
      = Rs. 2,00,00,000

      Now, the man has Rs. 2,50,000 with him. The percentage of the land he can purchase with this amount is:

      Percentage of land = (Amount he has / Total cost of the land) × 100
      = (2,50,000 / 2,00,00,000) × 100
      = 0.0125 × 100
      = 1.25%

      Therefore, the man can purchase 1.25% of the land with Rs. 2,50,000.

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