Question

1st q pls help i dont under stand how the answer is 12000

Answer 1

See below

Explanation:

1/3 (300000) = 100 000 80% of this = 80 000

2/5 (300000) = 120000 125% of this = 150 000 total so far = 230 000

Overall 10% profit would yield 300000(1.1) = 330 000

the remaining land needs to sell for

330 000 - 230000 = 100 000