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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?
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- 32%
- 35%
- 28%
- 30%
Correct Option: B
Let the required gain % = y.
∴ 150 × | + 300 × | = | 100 | 100 | 100 |
⇒ 135 + 3 (100 + y ) = 540
⇒ 3 (100 + y) = 540 – 135 = 405
∴ 100 + y = | = 135 | 3 |
⇒ y = 135 – 100 = 35%
Hence , required gain% is 35% .