DAILY MCQ

DATE:21-11-2017

Q)

One-third of a consignment was sold at a profit of 12% and the rest at a loss of 2%. If the overall profit was Rs.1200, the value of the consignment was

Ans:  45000 (Option-4)

SOLUTION:

 1/3 was sold at a profit of 12 percent12 Percent

$\mathrm{ 2}/3$ was sold at a loss of 
$\mathrm{2/3\; was\; sold\; at\; loss\; of\; 2}$ Percent

$\mathrm{<span\; style="font-size:\; large;"> \; \; \; \; (</span><span\; style="white-space:\; nowrap;">1</span>}<span\; style="white-space:\; nowrap;">/</span>\mathrm{<span\; style="white-space:\; nowrap;">3</span>}<span\; style="white-space:\; nowrap;">)</span><span\; style="white-space:\; nowrap;">\ast </span>\mathrm{<span\; style="white-space:\; nowrap;">12</span>}<span\; style="white-space:\; nowrap;">-</span><span\; style="white-space:\; nowrap;">(</span>\mathrm{<span\; style="white-space:\; nowrap;">2</span>}<span\; style="white-space:\; nowrap;">/</span>\mathrm{<span\; style="white-space:\; nowrap;">3</span>}<span\; style="white-space:\; nowrap;">)</span><span\; style="white-space:\; nowrap;">\ast </span>\mathrm{<span\; style="white-space:\; nowrap;">2</span>}<span\; style="white-space:\; nowrap;">=</span>\mathrm{<span\; style="white-space:\; nowrap;">8</span>}<span\; style="white-space:\; nowrap;">/</span>\mathrm{<span\; style="white-space:\; nowrap;">3</span>}$ (Net Profit)

It is given that 8/3% of a certain sum is 1200. So, the consignment’s sum would be 45000