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Question

A dealer buys dry fruit at the rate of Rs 100, Rs 80 and Rs 60 per kg. He bought them in the ratio 12:15:20 by weight. He in total gets 20% profit by selling the first two and at last he finds he has no gain no loss in selling the whole quantity which had. What was the percentage loss he suffered for the third quantity ?

A
40%
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B
20%
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C
30%
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D
50%
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Solution

The correct option is B 40%
Profit earned on first to = 20%(110 x 12 +80 x 15) = 480
This is the loss of the third type, since he does not make any profit
loss% =48060×20×100=40%

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