A merchant has 144 kg of sugar, part of which he sells at 3% loss and the rest at 9% profit. He gains 5% on the whole. What is the quantity of sugar sold at 3% loss?
OPtion
1) 96 kg
2) 90 kg
3) 100 kg
4) 72 kg
5) 60 kg
6) 50 kg
7) 45 kg
8) 48 kg
9) 84 kg
10)None of these
Solution
(Quantity of Cheaper)/(Quantity of Dearer) = (Price of Dearer - Mean Price)/(Mean Price - Price of Cheaper)
(Quantity of Cheaper)/(Quantity of Dearer) = (109 - 105)/(105-97) = 4/8 = 1/2
Total Quantity = 144 KG
The quantity sold at 3% loss is = (1/3) * 144 = 48 Kgs