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4

A material is purchased for Rs. 600. If one fourth of the material is sold at a loss of 20% and the remaining at a gain of 10%, Find out the overall gain or loss percentage

A. 212

B. 312

C. 112

D. 412

Correct Answer :

A. 212


We need to get the Total selling price to solve this question. Because after getting selling price we can get profit or loss, then we can calculate profit% or loss%
So lets solve this:
Price Received by selling one fourth of the material at a loss of 20% =
(1/4) * 600 * (80/100) = Rs. 120
Price Received by remaining material at a gain of 10% = 
(3/4) * 600 * (110/100) = Rs. 495 [Note: 1-(1/4) = 3/4]
Total Selling Price = 120 + 465 = Rs. 615
Profit = 615 - 600 = 15
                         Profit%=GainCost*100 %                 =15600*100 %                    =52% =212%

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