Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2015 · Marks: · Difficulty:
A trader has 600 kgs of rice, a part of which he sells at 15\% profit and the remaining quantity at 20\% loss. On the whole, he incurs an overall loss of $6 \%$. What is the quantity of rice he sold at 20\% loss?
(a)250 kgs
(b)320 kgs
(c)420 kgs
(d)360 kgs
Answer
Answer (as printed): D
Explanation
Let Quantity of rice sold at 20% loss be x kg ∴ Quantity of rice sold at 15% gain = (600 – x) kg On the whole transaction he incurs an overall Loss of 6% PROFIT AND LOSS According to the question, 115 x × 80 (600 – x) × + 100 100 600 × 94 = 100 ⇒ 115 × 600 – 115x + 80 x = 600 × 94 ⇒ 69000 – 35x = 56400 ⇒ 35x = 12600 12600 ⇒x= 35 = 360 kg
Explanation as extracted from the printed page; notation may be imperfect.