One-quarter of one-seventh of a land is sold for Rs. 30,000. What is the value of an four fifteenth of land ?
Correct Answer: Rs.2,24,000
Explanation:
One-quarter of one-seventh = 1/4 x 1/7
= 1/28
Now, 1/28 of a land costs = Rs. 30,000
Thus, 8/35 of the land will cost = 30,000 x 28 x 4/15
= Rs. 2,24,000.