Profit and Loss Practice Test 1

Question : 33 of 40

Marks: +1, -0

A bought 636 articles and sold 600 of them for the price he paid for 636 articles. He sold the rest at the same price per piece as the other 600 articles. The per cent gain in this transaction is:

Validate

Solution:

CP of 636 articles = Rs 636
SP of 600 articles = Rs 636
SP of 1 article

=636/600=1.06

SP of rest of 36 articles = 1.06 × 36 = Rs 38.16
Total SP of 636 articles = 636 + 38.16 = Rs 674.16
Gain per cent

={674.16-636}/636×100=6%

Go to Question:

Prev Question

Next Question