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Numerical Ability
Profit and Loss
A merchant has 100 lbs of sugar, part of which he sells at 7% profit and the rest at 17% profit. He gains 10 % on the whole. Find how much is sold at 7% profit?
A. 70 lbs
B. 40 lbs
C. 30 lbs
D. 50 lbs
E. 60 lbs
Read Solution (Total 1)
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- let CP of sugar is Rs 1 per lbs.
and he sold x kg at 7% profit, then
x*1.07 + (100-x)*1.17 = 1.17x
x=70
hence ans =x = 70 lbs - 10 years agoHelpfull: Yes(2) No(0)
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