Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Three-fourth of a consignment was sold at a profit of 8% and the rest at a loss of 4%. If there was an overall profit of Rs.600, then find the value of the consignment.

Options:

Rs. 15,000

Rs.6,000

Rs. 18,000

Rs.12,000

Correct Answer:

Rs.12,000

Explanation:

Let the value of the consignment is Rs X
\(\frac{3x}{4}\) × \(\frac{8}{100}\) - \(\frac{1x}{4}\) ×  \(\frac{4}{100}\) =600

\(\frac{24x}{400}\) - \(\frac{4x}{400}\) = 600

\(\frac{20x}{400}\) =  600

x = 12000