One-quarter of one-seventh of a land is sold for Rs. 30,000. What is the value of an four fifteenth of land ?

Rs.1,92,000
Rs.2,24,000
Rs.1,26,000
Rs.3,42,000

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.

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