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Home Aptitude Profit and Loss See What Others Are Saying!
  • Question
  • If goods be purchased for Rs.450 and 1/3 is sold at a loss of 10%. At what gain % should the remainder is sold to has to gain 20% on the whole transaction?


  • Options
  • A. 35%
  • B. 28%
  • C. 22%
  • D. 19%

  • Correct Answer
  • 35% 

    Explanation

    Given the cost price of the articles = Rs. 450

    To get overall 20% gain,

    Total Selling Price = (20/100) x 450 = 540


    One third of the CP = 1/3 x 450 = Rs. 150

    But given 1/3 of articles are sold at 10% loss

    S.P of 1/3 of articles = 90% of 150

    = 90 x 150/100 = 135

     

    Then, S.P on remaining 2/3 goods must be

    = 450 - 135 = 405 ...........(1)

    CP on remaining goods

    = 2/3 x 450 = 300 ............(2)


    Profit = SP - CP = 405 - 300 = 105


    Profit %  = (105/300) x 100

    = 35%.

  • Tags: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO

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