ExamVeda
Login
Home
Profit and Loss
?

Krishna purchased a number of articles at Rs. 10 for each and the same number for Rs. 14 each. He mixed them together and sold them for Rs. 13 each. Then his gain or loss percent is = ?

Answer & Solution
Correct Answer: Option D
Let article purchased be 1
1 articale = Rs. 10
1 articale = Rs. 14
CP of 2 article = 10 + 14 = Rs. 24
CP of 1 article = $$\frac{{24}}{2}$$ = Rs. 12
SP of 1 article = Rs. 13
Profit = 13 - 12 = Rs. 1
$$\eqalign{ & {\text{Profit}}\% = \frac{1}{{12}} \times 100 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = \frac{{25}}{3} \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 8\frac{1}{3}\% \cr} $$
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.