The ratio selling prices three articles A B and C is 29 27 32 the ratio of percentage profit is 4 2 ...........

Quant (SSC) Profit and loss

The ratio selling prices three articles A, B, and C is 29:27:32., the ratio of percentage profit is 4:2:5, respectively. If the cost price of article A is equal to B and the cost price of article C is Rs. 480. Then what is the overall gain?

10%

12%

15%

18%

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Explanation:

29y/27y = (100+4x/100+2x)
x = 4
% are 16%,8%,20%
32y = 480(120/100)
y =18
SP’s are 522,486,576
CP of A
29*18 = CP (116/100)
CP =450
CP’s are 450,450 and 480
Overall gain =
1584 =1380(100+g/100)
g =15%