Question
The cost price of an article is ₹520. Some part of it
is sold at 16% loss and the remaining part at some profit %. In this transaction, there is a profit of 4% on the whole. The ratio of the amount of parts sold at 16% loss and some profit% is 3:5. Find the profit% on the second part.Solution
Let the profit% on the second part be x%. By the rule of allegation: Loss profit -16 x 4 x - 4 4 - (-16) = 20 Ratio at 16% loss to x% profit = 3:5 ⇒ (x - 4)/20 = 3/5 ⇒ 5x - 20 = 60 ⇒ x = 80/5 = 16%
More Profit and loss Questions
Rejection of a proposal or idea
Obscure
Stringent
...VOLUNTARY
a situation where there is a lack of resources or necessities
In the following question, select the choice whose meaning is opposite to the word shown in bold for below question.
Astonish
...What is the antonym of the word "inimical"?
Absolve
Select the most appropriate antonym of the given word.
TURBULENT
Find out the appropriate word.
Relevant for Exams:
