L&T Company Numerical Ability Percentage

A businessman sold 3/4 of his stock at a gain of 20% and the rest at a gain of 16%. The overall percentage of gain to the businessman is: 1)19% 2)17% 3)18% 4)20%

Read Solution (Total 2)

SP =120% 4/5x + 116% 1/4x = 119x/100
gain=119x/100-x=19x/100
gain%=19x/100*1/x*100=19%
5 years agoHelpfull: Yes(1) No(0)

in first part 3/4 of his stock at a gain of 20% i,e his gain is 20%(3/4 of stock i,e= 75) = 15

and in second remaining is 1/4 i,e = 25% and his gain is 16% ( 1/4 of stock i,e= 25) = 4

so orally 15+4=19 % profit
5 years agoHelpfull: Yes(0) No(0)

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