Question

A dealer sold three-fifth of his goods at a gain of 25% and the remaining at cost price. What is his loss or gain percent in the whole transaction?

• A. 15% gain
• B. 15% loss
• C. 18% gain
• D. 18% loss

Answer 1

Answer:

A. 15% gain

total cost price $= 100$

3/5 th of cost price $=100\times \frac35=60$

gain of $25$ %

so the cost will be $=60\times \frac{125}{100}=75$

3/5th is sold rupees $=75$

rest of them are sold with $=100-60=40$

so the total amount will be $=75+40=115$

percentage of gain is $=115-100=15$%