ABC26GN2729 · Profit and Loss
Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2005 · Marks: · Difficulty:
Raghavan purchase a scooter at $\frac{13}{15}$ of its selling price and sold it at 12\% more than its selling price. His gain is
(a)20\%
(b)$29 \frac{3}{13} \%$
(c)30\%
(d)$38 \frac{1}{13} \%$
Answer
Explanation
Let S.P. be ₹ $x$. Then, C.P. $$\begin{aligned} & \quad=₹ \frac{13}{15} x, \text { Receipt }=112 \% \text { of } ₹ x=₹ \frac{28}{25} x . \\ & \text { Gain }=₹\left(\frac{28 x}{25}-\frac{13 x}{15}\right)=₹ \frac{19 x}{75} . \\ & \therefore \text { Gain } \%=\left(\frac{19 x}{75} \times \frac{15}{13 x} \times 100\right) \%=\frac{380}{13} \%=29 \frac{3}{13} \% . \end{aligned}$$
Explanation as extracted from the printed page; notation may be imperfect.
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