NIIT
Company
Numerical Ability
Profit and Loss
Q. By selling 99 pens, a trader gains the cost of 33 pens.find his gain percentage?
Option
a) 33 1/3%
b) 66 2/3%
c) 50%
d) 75%
Read Solution (Total 3)
-
- gain percentage=gain*100/sell pens
=33*100/99=33 1/3% - 10 years agoHelpfull: Yes(1) No(0)
- In the entire transaction, the trader realised not only the money he invested on the cost price of the articles but also a decent profit of cost price of 33 pens.
So,
S.P of each pen * 99 = C.p of each pen * 99 + C.P of 33 pens
S.P of each pen : C.P of each pen = 4 : 3
So, profit percentage = 1/3 = 33.33% - 11 years agoHelpfull: Yes(0) No(0)
- (33/99)*100= 33.33%
- 9 years agoHelpfull: Yes(0) No(0)
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