Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A shopkeeper bought 60 pencils at a rate of 4 for ₹5 and another 60 pencils at a rate of 2 for ₹3. He mixed all the pencils and sold them at a rate of 3 for ₹4. Find his gain or loss percentage.

Options:

Profit $3 \frac{1}{8}$ %

Loss $3 \frac{1}{33}$ %

Profit $2 \frac{7}{8}$ %

Loss $2 \frac{7}{8}$ %

Correct Answer:

Loss $3 \frac{1}{33}$ %