📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    One Click Can Change Your Exam Journey—Do It Before It Ends! ⏰

    Question

    Anita tried her hands on selling a cake that she had

    baked. She sold half of her cake at 20% profit, but seeing that cake would perish soon, sold half of the remaining cake at cost price. She had to sell the rest of the cake at 20% loss. What was her total percentage gain or loss?
    A 10% loss Correct Answer Incorrect Answer
    B 5% loss Correct Answer Incorrect Answer
    C 5% profit Correct Answer Incorrect Answer
    D 10% profit Correct Answer Incorrect Answer
    E Neither gain nor loss Correct Answer Incorrect Answer

    Solution

    Let the weight of the cake be 1000 g which costed her Rs. 100 500 g at 20% profit ⇒ S.P = 60 250 g at cost price ⇒ S.P = 25 250 g at 20% loss ⇒ S.P = 20 ⇒ Total SP = Rs. (60 + 20 +25) = Rs. 105 Gain = 5%

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question