Quantitative Aptitude Ques 105

Question: A person buys some pencils at 5 for Rs. 1 and sells them at 3 for Rs. 1. His gain per cent will be

Options:

A) $ 66\frac{2}{3} $ %

B) $ 76\frac{2}{3} $ %

C) $ 56\frac{2}{3} $ %

D) $ 46\frac{2}{3} $ %

Show Answer

Answer:

Correct Answer: A

Solution:

  • CP of one pencils $ =Rs.,\frac{1}{5} $ and SP of one pencil $ =Rs.\frac{1}{3} $

$ \therefore $ Gain $ =\frac{1}{3}-\frac{1}{5}=\frac{5-3}{15}=Rs.\frac{2}{15} $

$ \therefore $ Gain percentage $ =\frac{\frac{2}{15}\times 100}{\frac{1}{5}}=\frac{200}{3}=66\frac{2}{3} $ %

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