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

    ⚡ Month End Offer- Few Hours Left Flat 55% Off On All Courses!! Coode - OCT55 Enroll Now ⚡
    00:00:00 AM Left

    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.
    A 14% Correct Answer Incorrect Answer
    B 16% Correct Answer Incorrect Answer
    C 18% Correct Answer Incorrect Answer
    D 20% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    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%

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question