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A businessman sold 4/5 of his stock at a gain of 20% and the rest at a gain of 15%. The overall percentage of gain to the businessman is: 1] 16% 2] 19% 3] 21% 4] 20%
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- sp=120%of 4/5x+115%of 1/5x=119x/100
gain=119x/100-x=19x/100
gain%=19x/100*1/x*100=19% - 6 years agoHelpfull: Yes(2) No(0)
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