Home » Aptitude » Profit and Loss

A Shopkeeper purchased some books from a publication worth ₹ 750. Because of some reasons, he had to sell two-fifth part of the book at a loss of 15%. On which gain he should sell his rest of the books, so that he gets neither nor loss

Correct Answer: 10%

Explanation:

Here, A = 2/5, R = 15%
According to the formula
Gain % = AR/(1 - A)%
= [(2/5) x 15]/[1 - (2/5)]%
= (6 x 5)/3%
= 10%


← Previous Question Next Question→

More Questions from Profit and Loss

Discussion & Comments

No comments yet. Be the first to comment!
Join Discussion