Home » Aptitude » Profit and Loss » Question
  1. If goods be purchased for $ 450 and one third sold at a loss of 10%. At what gain per cent should the remainder be sold so as to gain 20% on the whole transaction?
    1. 32%
    2. 35%
    3. 28%
    4. 30%
Correct Option: B

Let the required gain % = y.

∴ 150 ×
90
+ 300 ×
(100 + y)
=
450 × 120
100100100

⇒ 135 + 3 (100 + y ) = 540
⇒ 3 (100 + y) = 540 – 135 = 405
∴ 100 + y =
405
= 135
3

⇒ y = 135 – 100 = 35%
Hence , required gain% is 35% .



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