Quantitative Aptitude Ques 2456

Question: A merchant buys p apples for Rs. q and sells q apples for Rs. p. If p < q, then in the whole outlay, he makes

Options:

A) $ 100( \frac{p^{2}+q^{2}}{q^{2}} ) $ % gain

B) $ 100( \frac{q^{2}-p^{2}}{q^{2}} ) $ % loss

C) $ 100( \frac{p^{2}+q^{2}}{p^{2}} ) $ % loss

D) $ 100( \frac{q^{2}-p^{2}}{p^{2}} ) $ % gain

Show Answer

Answer:

Correct Answer: B

Solution:

  • When p < q, then the person has loss which is given by $ 100( \frac{q^{2}-p^{2}}{q^{2}} ) $ % loss