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Question

If goods be purchased for Rs.450 and 1/3 is sold at a loss of 10%. At what gain % should the remainder is sold to has to gain 20% on the whole transaction?

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Solution

Cost Price of 13rd of goods = 13×450=RS.150

Selling Price of 13rd of goods = 150×90100=Rs.135 [10% loss]

The total selling price with 20% gain should be 450×120100=Rs.540

Therefore, the selling price of the remaining 23rd of the goods should be 540-135= Rs. 405

The cost price of the remaining 23rd of the goods is Rs. 300.

Therefore, Gain % = 405300300×100=35%

Thus, the remaining 23rd of the goods must be sold at 35% gain so as to get 20% gain in the whole transaction.


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