Question

A man buys some books for rs. 4800. He sells two thirds of it at a profit of 25%. At what percent gain should he sell the remaining so as to make an overall profit of 20% on the whole transaction

Answer 1

Answer:

At 25% of gain he should sell the remaining two third so at to make an overall profit of 20% on the whole transaction. One third of some quantity at a profit of 10%. So, it becomes, Hence, At 25% of gain he should sell the remaining two third so at to make an overall profit of 20% on the whole transaction