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Discussion :: Profit and Loss

  1. A shopkeeper sells 20% of his stock at 10% profit ans sells the remaining at a loss of 5%. He incurred an overall loss of Rs. 400. Find the total worth of the stock?
    2. A.
    Rs. 25000
    B.
    Rs. 20000
    C.
    Rs. 15000
    D.
    Rs. 22000
    E.
    None of these

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    Answer : Option B

    Explanation :

    Let the total worth of the stock be Rs. x.

    The SP of 20% of the stock = 1/5 * x * 1.1 = 11x/50

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