Multiple Choice Questions on A person bought two articles for Rs 2000 and Rs 3000 respectively the first article he sold at a gai........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A person bought two articles for Rs 2000 and Rs 3000 respectively the first article he sold at a gai...........

Quantitative Aptitude ( CCS) Profit and loss
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    A person bought two articles for Rs 2000 and Rs 3000 respectively, the first article he sold at a gain of 20%. At what price should he sell the another to get a profit of 5% on the whole transaction ?

    5% profit

    Incorrect Answer

    10% loss

    Incorrect Answer

    5% loss

    Correct Answer

    10% profit

    Incorrect Answer
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    Explanation:

    Solution:
    2000*120/100 + 3000*x/100= 5000*105/100
    2400+ 3000*x/100=5250
    3000*x/100=2850
    x=95%.
    Another sold for 5% loss.

    By: Pranav Gupta
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