Mcqkart
Mcqkart
Practice Notice Board Log in

A dealer sold three-fourths of his articles at a gain of 20 percent and the remaining…

Paper 1 · Mathematical Reasoning and Aptitude UGC NET December 2021 June 2022 (01.10.2022) Shift-I
A dealer sold three-fourths of his articles at a gain of 20 percent and the remaining articles at the cost price. Find the gain earned by him in the whole transaction.
A20%
B18%
C16%
D15% ✓ Correct
Correct answer: (D) 15% — The answer is 15 percent.
Explanation
The answer is 15 percent.
Take the total cost as 100.
Three-fourths of the goods, costing 75, are sold at 20 percent gain for 90.
The remaining one-fourth, costing 25, is sold at cost for 25.
So the total selling price is 90 plus 25, which is 115, on a cost of 100, a gain of 15 percent.
The other options do not match this value.
So the answer is 15 percent.

Want more like this? Create a free account to practise a full test, track your progress, and get spaced-repetition review.

Shared by Mcqkart · via Mcqkart.in

Discover more from Mcqkart

Subscribe to get the latest posts sent to your email.