Question

Sujatha sold 75% of her goods at a profit of 24% and the remaining at a loss of 40%. What is her gain/loss percentage on the whole transaction?

• A. 7.5% loss
• B. 8% gain
• C. 9% loss
• D. 10% gain

Answer 1

Answer:

B. 8% gain

75% = 3/4 Let total goods be 400 and their cost price also be 400. SP of the 300 goods = 300 × (124/100) = 372 SP of the 100 goods = 100 × (60/100) = 60 Total SP of the goods = 372 + 60 = 432 Profit percentage = [(432 – 400)/400] × 100 = 8%