Question : A person having bought goods for Rs. 400 sells half of it at a gain of 5%. At what gain percentage must he sell the remainder, so as to gain 25% on the whole?
Option 1: 30%
Option 2: 25%
Option 3: 20%
Option 4: 45%
Latest: SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL complete guide
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: 45%
Solution : Total cost price = Rs. 400 The cost price of the first half = Rs. 200 Profit = 5% of cost price = $\frac{5}{100}×200$ = Rs. 10 Selling price of first half = 200 + 10 = Rs. 210 Total profit = 25% of total cost price = $\frac{25}{100}×400$ = Rs. 100 Total selling price = 400 + 100 = Rs. 500 Selling price of second half = Total selling price – Selling price of first half = Rs. 500 – Rs. 210 = Rs. 290 The cost price of the second half = Rs.200 ⇒ Profit = Selling price – Cost price = Rs. 290 – Rs. 200 = Rs. 90 So, the profit percentage = $\frac{90}{200}×100$ = 45% Hence, the correct answer is 45%.
Candidates can download this ebook to know all about SSC CGL.
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Question : A man bought four dozen eggs at Rs. 24 per dozen and two dozen at Rs. 32 per dozen. To gain 20% on the whole, he should sell the eggs at:
Question : Rahim bought a TV at 20% discount on the list price. Had he bought it on a 25% discount, he would have saved Rs. 500. At what price did he buy the TV?
Question : If a vendor sells a coconut for Rs. 14.4, he makes a 10% loss. If he wants to make a 25% profit, then at what price (in Rs.) should he sell?
Question : A man bought 500 metres of electronic wire at 50 paise per metre. He sold 50% of it at a profit of 5%. At what percentage should he sell the remainder so as to gain 10% on the whole transaction?
Question : A man purchased 150 pens at the rate of Rs. 12 per pen. He sold 50 pens at a gain of 10%. The percentage gains at which he must sell the remaining pens so as to gain 15% on the whole outlay is:
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile