Profit and Loss Practice Test 6

Question : 26 of 40

Marks: +1, -0

A dealer bought 80 cricket bats for Rs 50 each. He sells 20 of them at a gain of 5%. What must be the gain percentage of the remaining bats, so as to get 10% gain on the whole?

$3 2/11%$
$12 1/2%$
$11 2/3%$
Rs 3,350

Validate

Solution:

CP of one bat = Rs 50
CP of 80 bats = 80 × 50 = Rs 4,000
Profit per cent = 10%
SP of 80 bats

=4000+4000×10/100=4400

SP of 2 bats

=(20×50)+{5×(20×50)}/100

=1000+5000/100=1050

SP of 60 bats = 4,400 - 1,050 = Rs 3,350
Profit per cent

={3350-1050}/3000×100=11 2/3%

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