JIPMAT 2024
Arithmetic
Profit & Loss
Easy
A man sold of his articles at a gain of and the remaining at the cost price. The gain earned in the transaction is
A man sold of his articles at a gain of and the remaining at the cost price. The gain earned in the transaction is
Correct Option: 3
1) Given: - of articles sold at 20% gain - Remaining sold at cost price (0% gain)2) Let's say total cost price is for calculation ease3) At cost price : - part = worth of goods sold at 20% gain - part = worth of goods sold at no gain4) Calculating gains: - On worth of goods: 20% gain = - On worth of goods: 0% gain = - Total gain = 5) Therefore on cost price, gain = So gain percentage =
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