Question

A person purchased some identical gadgets (having equal price) for Rs. 6,000. He sold one-third of them at a 12% loss. At what profit percentage should he sell the rest to gain an overall profit of 20%?

Q: Answer-A person purchased some identical gadgets (having equal price) for Rs. 6,000. He sold one-third of t...

ATQ, Cost price of one-third of gadgets 6000 3 Rs. 2,000 Selling price of one-third 0.88 2000 Rs. 1,760 Total selling price for 20 profit 6000 1.20 Rs. 7,200 Selling price of remaining gadgets 7200 1760 Rs. 5,440 Cost price of remaining 6000 2000 Rs. 4,000 Required profit percent 5440 4000 4000 100 1440 4000 100 36 Hence, Remaining gadgets should be sold at 36 profit .

A 26%, profit

B 16%, loss

C 36%, profit

D 10%, loss

E None of these

Practice Next

More Profit and loss Questions

The ratio of cost price and selling price of a shirt is 5:6 respectively. The shirt was marked up by 25% above its cost price, and sold after giving Rs.60 ...

The cost price of two dozen donuts is Rs. 120. After selling 18 donuts at the rate of Rs. 72 per dozen, the shopkeeper reduced the rate and sold the remain...

If the selling price of 5 items is equal to the cost price of 8 items, then what will be the profit percentage?

If an article is marked 60% above the cost price. If discount of x% is given on the marked price of the article then final profit of 12% is obtained. Now i...

Profit earned on selling an item for Rs. 4,060 is 16%. Suppose the seller wants to earn 42% profit, then determine the price at which the item should be so...

A shopkeeper purchased an article for Rs. ‘a’ and marked it 150% above its cost price and sold it after giving two successive discounts of 300 and 25%, res...

A shopkeeper sold two products for Rs. 200 each. He earned a profit of 40% on one and incurred a loss of 30% on the other. Calculate the approximate differ...

A shopkeeper offers a 10% discount on an article and still manages to earn a 12% profit. If the marked price of the article is Rs. 2800, calculate the cost...

Amit marked up an article of cost price Rs. 420 by certain percent and then sold it at discount of 20%. He suffered a loss of 6% in the whole transaction. ...

A person bought a mobile phone at a 10% discount. If he had bought it at a 20% discount, he would have saved ₹3000 more. Find the market price of the mobi...

Relevant for Exams:

SBI PO

Hey! Ask a query

Please enter email id The email must be a valid email address.

Please enter Mobile Number Please enter valid Mobile Number

Please enter your Doubt

Thank You for posting your query. Please check your email for further guidance.

Please Register/Login

Login or create an account to download this question.

Login Register

🎓

Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper

200 Questions with Detailed Solutions

Section-wise Coverage (GA, English, Quant & Reasoning)

Download Now 100% Free PDF