Multiple Choice Questions on A dealer sold three fourth of his article at a gain of 20 and remaining at a cost price Find the gai........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A dealer sold three fourth of his article at a gain of 20 and remaining at a cost price Find the gai...........

Quantitative Aptitude ( CCS) Profit and loss
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    A dealer sold three-fourth of his article at a gain of 20% and remaining at a cost price. Find the gain earned by him at the two transcation.

    10%

    Incorrect Answer

    12%

    Incorrect Answer

    15%

    Correct Answer

    18%

    Incorrect Answer
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    Explanation:

    Let the C.P of the whole be Rs x
    C.P of 3/4th =Rs 3x/4,C.P of 1/4th =Rs x/4
    total S.P=Rs [(120%of 3x/4)+x/4]=Rs(9x/10+x/4)=Rs 23x/20
    gain=Rs(23x/20-x)=Rs 3x/20
    gain%=3x/20*1/x*100)%=15%

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