Multiple Choice Questions

Three articles are bought at Rs180 each One of them is sold at a loss of 10 If the other two article...........

Quantitative Aptitude (MTS) Profit and loss

Three articles are bought at Rs180 each. One of them is sold at a loss of 10%. If the other two articles are sold so as to gain 20%

on the whole transaction, then what is the gain percentage on the two articles?

This questions was previously asked in

SSC MTS 22nd October 2021 Shift-3

45%

35%

37.5%

42.5%

- Three articles are purchased, each costing Rs 180.

- The total cost price (CP) for all articles is Rs 180 x 3 = Rs 540.

- One article is sold at a 10% loss. Therefore, its selling price (SP) is 90% of Rs 180, which is Rs 162.

- To gain 20% overall on the whole transaction, the total SP should be 120% of the CP, which is 1.2 x 540 = Rs 648.

- Thus, the SP needed from the remaining two articles is Rs 648 - Rs 162 = Rs 486.

- The CP for two articles is Rs 180 x 2 = Rs 360.

- Gain on the two articles is Rs 486 - Rs 360 = Rs 126.

- Gain percentage on the two articles is $\frac{126}{360} \times 100 % = 35 %$ .

- Correct Answer: Option 2, 35%

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