Gain Percentage on Remaining Goods
MAT 2018 · Mathematical Skills · Medium · Profit and Loss
A set of goods together cost Rs. 1,000. One-fourth of it was sold at a loss of 10%. At what per cent must the remainder be sold to gain 20% on the whole investment?
- A.
30
- B.
35
- C.
50
- D.
52.5
Answer
A
Explanation
Total cost = Rs. 1000. Desired profit = of . Total target revenue = Rs. 1200. of goods cost Rs. 250, sold at loss revenue = . Remaining revenue needed = . Cost of remaining goods = Rs. 750. Gain required on remaining goods = . Percentage gain = .
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