Question : Two toys are sold for Rs. 504 each. One toy brings the dealer a gain of 12% and the other a loss of 4%. The gain, or loss percentage, from selling both toys is:
Option 1: $3\frac{5}{13}$% profit
Option 2: $4\frac{5}{13}$% profit
Option 3: $5\frac{1}{13}$% profit
Option 4: $2\frac{3}{13}$% profit
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: $3\frac{5}{13}$% profit
Solution : For the first toy, Selling price = Rs. 504 Gain% = 12% 504 = Cost price + 12% of Cost price 504 = 1.12 × Cost price Cost price = Rs. 450 For the second toy, Selling price = Rs. 504 Loss% = 4% 504 = Cost price – 4% of Cost price 504 = 0.96 × cost price Cost price = Rs. 525 Total selling price = Rs. 504 + Rs. 504 = Rs. 1008 Total cost price = Rs. 450 + Rs. 525 = Rs. 975 Profit% = $\frac{\text{Selling price – Cost price}}{\text{Cost price}}$ × 100 = $\frac{1008-975}{975}$ × 100% = $\frac{44}{13}$% = $3\frac{5}{13}$% Hence, the correct answer is $3\frac{5}{13}$% profit.
Candidates can download this ebook to know all about SSC CGL.
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
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 sells two articles at Rs. 9,975 each. He gains 5% on one article and loses 5% on the other. Find his overall gain or loss.
Question : A television and a refrigerator were sold for Rs. 12,000 each. If the television was sold at a loss of 20% of the cost and the refrigerator at a gain of 20% of the cost, the entire transaction resulted in:
Question : Ram sold a plot for Rs. 4,00,000 at a 20% loss. For what price should he sell the plot to gain a 5% profit?
Question : Let $x=\frac{5 \frac{3}{4}-\frac{3}{7} \times 15 \frac{3}{4}+2 \frac{2}{35} \div 1 \frac{11}{25}}{\frac{3}{4} \div 5 \frac{1}{4}+5 \frac{3}{5} \div 3 \frac{4}{15}}$. When $y$ is added to $x$, the result is $\frac{7}{13}$. What is the value of $y$?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile