Puzzles / Brain Teasers

I live in India and I buy a land worth 5,000,000 INR. 5 years later when I sell that land I get 16,100,000. Why is that ? On what basis and on which factor did I get that amount ?
 
Well, I'll give it to you since you got the logic right. The answer is actually 4 ("we" here represents two people, 1 person saying the above to the other)

At this rate, I'll be spending a hell lot of more time in finding some challenging puzzles.[DOUBLEPOST=1572428953][/DOUBLEPOST]One more before I sign off for today:

Using only the four letters below, create a seven letter word.
I was on the right track!! :cheers
 
I live in India and I buy a land worth 5,000,000 INR. 5 years later when I sell that land I get 16,100,000. Why is that ? On what basis and on which factor did I get that amount ?
The 16,100,000 isn’t in INR?
 
I live in India and I buy a land worth 5,000,000 INR. 5 years later when I sell that land I get 16,100,000. Why is that ? On what basis and on which factor did I get that amount ?
It is up to you how much you want for your land.
The factor is "your choice".
It can be 16,100,000 or something else depending upon how much you want.
:D :p
 
Could be a number of factors:
  • Land price appreciated over time
  • You gave the land to a builder and he built a residential complex and gave you a couple of flats in return whose market value keeps increasing as days go by :D
  • You just got lucky :p
 
Land price appreciated over time
You are close. There was a method of appreciation involved but that is not the answer yet.

I'll give you a hint:-
Increase in prices and fall in value of money.
 

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