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Profit and Loss Practice Test 3
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© examsnet.com
Question : 16
Total: 40
A man bought two packets of toffees, the same number in each. The first, he bought at 5 paise each, but the second at 3 for 13 paise.He then mixed them all together and sold them at 70 paise a dozen. His gain is:
25%
12%
24%
16%
Validate
Solution:
Quantity
CP
of
one
toffee
Total
CP
of
toffees
120
0.05
6
120
0.13
3
5.19
Total CP of toffees of two packets = 6 + 5.19 = Rs 11.19
He sold 240 toffees at 70 paise per dozen.
Total SP = 20 dozen × 0.70 = Rs 14
Gain
%
=
14
−
11.19
11.19
×
100
=
25
%
© examsnet.com
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