A shopkeeper sells one transistor for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. His total gain or loss percent is:

Q: A shopkeeper sells one transistor for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. His total gain or loss percent is:

C.P. of 1st transistor = Rs. ❨ 100 x 840 ❩ = Rs. 700. 120 C.P. of 2nd transistor = Rs. ❨ 100 x 960 ❩ = Rs. 1000 96 So, total C.P. = Rs. (700 + 1000) = Rs. 1700. Total S.P. = Rs. (840 + 960) = Rs. 1800. ∴ Gain % = ❨ 100 x 100 ❩% = 5 15 % 1700 17

5 15⁄17 % loss
5 15⁄17 % gain
6 2⁄3 % gain
None of these

Correct Answer: 5 15⁄17 % gain

Explanation:

C.P. of 1^st transistor = Rs.	❨	100	x 840	❩	= Rs. 700.
		120

C.P. of 2^nd transistor = Rs.	❨	100	x 960	❩	= Rs. 1000
		96

So, total C.P. = Rs. (700 + 1000) = Rs. 1700.

Total S.P. = Rs. (840 + 960) = Rs. 1800.

∴ Gain % =	❨	100	x 100	❩%	= 5	15	%
		1700				17

More Questions from Profit and Loss

A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?
A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?
In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?
A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?
A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:
The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:
If cost of 15 eggs be 75 rupees, then find out the cost of 5 dozen eggs.
A stationer buys diaries at 75 rupees per dozen and sells them at 15 rupees per piece. What is the profit?
A man bought 18 oranges for a rupee and sold them at 12 oranges for a rupee. what is the profit percentage?
On selling an article for Rs. 240, a trader loses 4%. In order to gain 10 % he must sell that article for

Discussion & Comments

No comments yet. Be the first to comment!