A man bought pencils at the rate of 6 for ₹ 4 and sold them at the rate of 4 for ₹ 6. His gain in the transaction is
Aptitude
Profit and Loss
Difficulty: Medium
Choose an option
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A75%
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B80%
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C100%
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D125%
Answer
Correct Answer: 125%
Explanation
### Concept & Formula
The gain percent in a transaction where items are bought and sold at different rates can be calculated by equalizing the number of items or finding the per-item cost.
$$Gain \% = \frac{\text{Selling Price} - \text{Cost Price}}{\text{Cost Price}} \times 100$$
### Step-by-Step Solution
* **Given:** CP rate = 6 pencils for ₹ 4. SP rate = 4 pencils for ₹ 6.
* **Calculation:**
1. CP of 1 pencil = $\frac{4}{6} = \frac{2}{3}$
2. SP of 1 pencil = $\frac{6}{4} = \frac{3}{2}$
3. Gain = $SP - CP = \frac{3}{2} - \frac{2}{3} = \frac{9 - 4}{6} = \frac{5}{6}$
4. Gain \% = $\left( \frac{5/6}{2/3} \right) \times 100 = \left( \frac{5}{6} \times \frac{3}{2} \right) \times 100$
5. Gain \% = $\frac{15}{12} \times 100 = \frac{5}{4} \times 100 = 125\%$
### Exam Strategy & Shortcut
LCM Method: LCM of quantities (6 and 4) is 12.
Assume 12 pencils were bought and sold.
Total CP for 12 pencils = $4 \times 2 = 8$
Total SP for 12 pencils = $6 \times 3 = 18$
Gain = $18 - 8 = 10$
Gain \% = $\left(\frac{10}{8}\right) \times 100 = 125\%$.
### Common Pitfall
Miscalculating the fractions when subtracting the Cost Price from the Selling Price. Utilizing the LCM method entirely bypasses fractional subtraction, minimizing errors.
### Final Answer
Therefore, the correct answer is **125%**.