A substance is purchased for Rs. 300. If one fourth of the substance is sold at a loss of 10% and the remaining at a gain of 5%, Find out the overall gain or loss percentage.

1 Answer

Answer :

Price Received by selling one fourth of the substance at a loss of 10% =

(1/4) * 300 * (90/100) = Rs. 67.5

Price Received by remaining substance at a gain of 5% =

(3/4) * 300 * (105/100) = Rs.236.25 [Note: 1-(1/4) = 3/4]

Total Selling Price =RS303.75

Profit = 303.75 - 300 = 3.75

Profit%=(Gain/Cost∗100)%

=(3.75/300∗100)%

=1.25%


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