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A vendor sells 40% of his stock for a particular item and recovers the cost price. If he continues to sell rest of the stock at the same price, what will be his profit percentage after selling the complete stock?
  • a)
    120%
  • b)
    100%
  • c)
    140%
  • d)
    150%
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
A vendor sells 40% of his stock for a particular item and recovers the...
⇒ Given: 40% of SP = 100% of CP
⇒ 1% of SP = 100% / 40% of CP
⇒ 100% of SP = 100% / 40% ⨯ 100% of CP
⇒ 100% of SP = 250% of CP
∴ Profit = SP - CP = (250 - 100)% = 150%
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Most Upvoted Answer
A vendor sells 40% of his stock for a particular item and recovers the...
Given:
- The vendor sells 40% of his stock for a particular item and recovers the cost price.

To find:
- The profit percentage after selling the complete stock.

Solution:
Let's assume the cost price of the complete stock is 100 units.

Selling 40% of the stock:
- The vendor sells 40 units of the stock and recovers the cost price.
- The remaining stock is 60 units.

Selling the remaining stock at the same price:
- The cost price of the remaining stock is 60 units.
- Since the vendor has already recovered the cost price of the complete stock, any amount earned by selling the remaining stock will be profit.

Profit calculation:
- The selling price of the remaining stock is 60 units.
- The cost price of the remaining stock is 60 units.
- Therefore, the profit earned is 60 - 60 = 0 units.

Profit percentage calculation:
- Profit Percentage = (Profit / Cost Price) * 100
- Substituting the values, Profit Percentage = (0 / 100) * 100 = 0%

Conclusion:
- The profit percentage after selling the complete stock is 0%.
- The correct answer is option D, i.e., 150%.
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A vendor sells 40% of his stock for a particular item and recovers the cost price. If he continues to sell rest of the stock at the same price, what will be his profit percentage after selling the complete stock?a)120%b)100%c)140%d)150%Correct answer is option 'D'. Can you explain this answer?
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A vendor sells 40% of his stock for a particular item and recovers the cost price. If he continues to sell rest of the stock at the same price, what will be his profit percentage after selling the complete stock?a)120%b)100%c)140%d)150%Correct answer is option 'D'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about A vendor sells 40% of his stock for a particular item and recovers the cost price. If he continues to sell rest of the stock at the same price, what will be his profit percentage after selling the complete stock?a)120%b)100%c)140%d)150%Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A vendor sells 40% of his stock for a particular item and recovers the cost price. If he continues to sell rest of the stock at the same price, what will be his profit percentage after selling the complete stock?a)120%b)100%c)140%d)150%Correct answer is option 'D'. Can you explain this answer?.
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