Multiple Choice Questions on A man purchased wheat worth Rs 400 He sold 3 4 at a loss of 10 and the reminder at a gain of 10 On t........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A man purchased wheat worth Rs 400 He sold 3 4 at a loss of 10 and the reminder at a gain of 10 On t...........

Quantitative Aptitude ( CCS) Profit and loss
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    A man purchased wheat worth Rs. 400. He sold 3/4 at a loss of 10% and the reminder at a gain of 10%. On the whole he gets:

     

    loss of 5%
     

    Correct Answer

    gain of 5%
     

    Incorrect Answer

    loss of 19%
     

    Incorrect Answer

    loss of 6%

    Incorrect Answer
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    Explanation:

     C.P of 3/4th = Rs. (3/4 x 400) = Rs. 300,
    C.P of 1/4th = Rs. 100
    ∴ Total S.P = (90% of Rs. 300 + 110% of Rs. 100) = Rs. 380
    Loss = (20/400 x 100)% = 5%

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