A merchant bought some lemons for 300 rupees. 3/5 parts sold at 15% loss. How much profit will the rest of the sale make on Mate 15?
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Answer:
Cost Price of
3
1
rd
of goods =
3
1
×450=RS.150
Selling Price of
3
1
rd
of goods = 150×
100
90
=Rs.135 [10% loss]
The total selling price with 20% gain should be 450×
100
120
=Rs.540
Therefore, the selling price of the remaining
3
2
rd
of the goods should be 540-135= Rs. 405
The cost price of the remaining
3
2
rd
of the goods is Rs. 300.
Therefore, Gain % =
300
405−300
×100=35%
Thus, the remaining
3
2
rd
of the goods must be sold at 35% gain so as to get 20% gain in the whole transaction.
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