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Profit and Loss
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A person having bought goods for Rs. 400 sells half of it at a gain of 5%, at what gain % must he sell the remainder so as to gain 20% on the whole?

Answer & Solution
Correct Answer: Option D
To gain 20% on whole he must sell all good for,
Rs. 400 + 20% of 400 = 480
As he get 5% gain on half of the goods i.e.
200 + 5% of 200 = 210
So required balance = 480 - 210 = 270
He must gain Rs. 70 on rest Rs. 200
% gain on remainder goods = $$\frac{{70 \times 100}}{{200}}$$   = 35%
Examveda
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1 Comment
Md Helal
Md Helal 8 years ago
1*5% + 1*p% = 2*20%
⇒ p% = 40% - 5%
⇒ p% = 35%
Solved by : Md. Helal Uddin