Question : Mr. Kapur purchased two toy cycles for Rs. 750 each. He sold these cycles gaining 6% on one and losing 4% on the other. The gain or loss per cent in the whole transaction is:
Option 1: 1% loss
Option 2:
1% gain
Option 3:
1.5% loss
Option 4:
1.5% gain
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:
Solution : If the cost price of two articles is the same then net profit % is the average of all profit %. So, overall profit % = $\frac{6-4}{2}$% = 1% profit Hence, the correct answer is '1% gain'.
Candidates can download this ebook to know all about SSC CGL.
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Question : Mona purchased two sets of jewellery for INR 4,000 each. She sold these sets of jewellery, gaining 8% on one and losing 6% on the other. Calculate her total loss or gain in this whole transaction.
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 : Match the following and select the correct answer from the codes given below:
Crops Producing state
(a)Tea
Question : A dealer sold two types of goods for Rs. 10000 each. On one of them, he lost 20% and on the other, he gained 20%. His gain or loss per cent in the entire transaction was:
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