Question 131

Sujatha sold 75% of her goods at a profit of 24% and the remainingat a loss of 40%. Whatis her gain/loss percentage on the whole transaction?

Solution

Let total number of goods be 100 and Cost Price of each good = Rs. 100

=> Total cost price = Rs. 10,000

Now, selling price of 75 goods at 24% profit = $$75\times(\frac{124}{100}\times100)=Rs.$$ $$9300$$

Similarly, S.P. of 25 goods at 40% loss = $$25\times60 = Rs.$$ $$1500$$

=> Total selling price = Rs. 10,800

$$\therefore$$ Overall Gain % = $$\frac{(10800-10000)}{10000}\times100=8\%$$

=> Ans - (A)

View More Questions From Profit, Loss, and Interest

Create a FREE account and get: