Multiple Choice Questions on A man sold 120 articles and obtained a gain which is equal to cost price of 20 articles Find his gai........... for CDS Exam Preparation

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Multiple Choice Questions

A man sold 120 articles and obtained a gain which is equal to cost price of 20 articles Find his gai...........

Quantitative Aptitude (CDS) Profit and loss
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    A man sold 120 articles and obtained a gain which is equal to cost price of 20 articles. Find his gain%?

     

     47/4%

    Incorrect Answer

    49/8 %
     

    Incorrect Answer

    50/3%
     

    Correct Answer

    52/7 %

    Incorrect Answer
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    Explanation:

    SP = CP + profit
    120 SP = 120CP + 20 CP
    120SP = 140 CP
    CP/SP = 120/140 = 6/7
    Profit = 1
    6 = 100% 
    1 = ?%
    1/6×100= 50/3%

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