A man sold of his articles at a gain of and the remaining at the cost price. The gain earned in the transaction is
A man sold of his articles at a gain of and the remaining at the cost price. The gain earned in the transaction is
Solution
✅ Correct Option: 3
- Given:
- of articles sold at 20% gain
- Remaining sold at cost price (0% gain)
- Let's say total cost price is for calculation ease
- At cost price :
- part = worth of goods sold at 20% gain
- part = worth of goods sold at no gain
- Calculating gains:
- On worth of goods: 20% gain =
- On worth of goods: 0% gain =
- Total gain =
- Therefore on cost price, gain =
So gain percentage =