Quant Exam > Quant Questions > A shopkeeper sells one more radio for Rs. 840... Start Learning for Free
A shopkeeper sells one more radio for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. What is his total gain or loss percentage?
- a)5%
- b)6%
- c)6 12/17%
- d)5 15/17%
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
A shopkeeper sells one more radio for Rs. 840 at a gain of 20% and ano...
Most Upvoted Answer
A shopkeeper sells one more radio for Rs. 840 at a gain of 20% and ano...
Given:
Price of radio sold at a gain of 20% = Rs. 840
Price of radio sold at a loss of 4% = Rs. 960
To find: Total gain or loss percentage
Calculation:
Let's first find the cost price of each radio.
For the radio sold at a gain of 20%:
Let the cost price of the radio be x.
Selling price = Cost price + Profit
840 = x + 0.2x
840 = 1.2x
x = 700
Therefore, the cost price of the radio sold at a gain of 20% is Rs. 700.
For the radio sold at a loss of 4%:
Let the cost price of the radio be y.
Selling price = Cost price - Loss
960 = y - 0.04y
960 = 0.96y
y = 1000
Therefore, the cost price of the radio sold at a loss of 4% is Rs. 1000.
Now, let's find the total cost price and total selling price.
Total cost price = Rs. 700 + Rs. 1000 = Rs. 1700
Total selling price = Rs. 840 + Rs. 960 = Rs. 1800
Total profit or loss = Total selling price - Total cost price
= Rs. 1800 - Rs. 1700
= Rs. 100
Now, let's calculate the total gain or loss percentage.
Gain or loss percentage = (Total profit or loss / Total cost price) x 100
= (100/1700) x 100
= 5 15/17%
Therefore, the total gain or loss percentage is 5 15/17%, which is option D.
Price of radio sold at a gain of 20% = Rs. 840
Price of radio sold at a loss of 4% = Rs. 960
To find: Total gain or loss percentage
Calculation:
Let's first find the cost price of each radio.
For the radio sold at a gain of 20%:
Let the cost price of the radio be x.
Selling price = Cost price + Profit
840 = x + 0.2x
840 = 1.2x
x = 700
Therefore, the cost price of the radio sold at a gain of 20% is Rs. 700.
For the radio sold at a loss of 4%:
Let the cost price of the radio be y.
Selling price = Cost price - Loss
960 = y - 0.04y
960 = 0.96y
y = 1000
Therefore, the cost price of the radio sold at a loss of 4% is Rs. 1000.
Now, let's find the total cost price and total selling price.
Total cost price = Rs. 700 + Rs. 1000 = Rs. 1700
Total selling price = Rs. 840 + Rs. 960 = Rs. 1800
Total profit or loss = Total selling price - Total cost price
= Rs. 1800 - Rs. 1700
= Rs. 100
Now, let's calculate the total gain or loss percentage.
Gain or loss percentage = (Total profit or loss / Total cost price) x 100
= (100/1700) x 100
= 5 15/17%
Therefore, the total gain or loss percentage is 5 15/17%, which is option D.
 | Explore Courses for Quant exam |  |
Top Courses for QuantView all
Top Courses for Quant
Question Description
A shopkeeper sells one more radio for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. What is his total gain or loss percentage?a)5%b)6%c)6 12/17%d)5 15/17%Correct answer is option 'D'. Can you explain this answer? for Quant 2026 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about A shopkeeper sells one more radio for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. What is his total gain or loss percentage?a)5%b)6%c)6 12/17%d)5 15/17%Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Quant 2026 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A shopkeeper sells one more radio for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. What is his total gain or loss percentage?a)5%b)6%c)6 12/17%d)5 15/17%Correct answer is option 'D'. Can you explain this answer?.
A shopkeeper sells one more radio for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. What is his total gain or loss percentage?a)5%b)6%c)6 12/17%d)5 15/17%Correct answer is option 'D'. Can you explain this answer? for Quant 2026 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about A shopkeeper sells one more radio for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. What is his total gain or loss percentage?a)5%b)6%c)6 12/17%d)5 15/17%Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Quant 2026 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A shopkeeper sells one more radio for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. What is his total gain or loss percentage?a)5%b)6%c)6 12/17%d)5 15/17%Correct answer is option 'D'. Can you explain this answer?.
Solutions for A shopkeeper sells one more radio for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. What is his total gain or loss percentage?a)5%b)6%c)6 12/17%d)5 15/17%Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Quant. Download more important topics, notes, lectures and mock test series for Quant Exam by signing up for free.
Here you can find the meaning of A shopkeeper sells one more radio for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. What is his total gain or loss percentage?a)5%b)6%c)6 12/17%d)5 15/17%Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A shopkeeper sells one more radio for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. What is his total gain or loss percentage?a)5%b)6%c)6 12/17%d)5 15/17%Correct answer is option 'D'. Can you explain this answer?, a detailed solution for A shopkeeper sells one more radio for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. What is his total gain or loss percentage?a)5%b)6%c)6 12/17%d)5 15/17%Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of A shopkeeper sells one more radio for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. What is his total gain or loss percentage?a)5%b)6%c)6 12/17%d)5 15/17%Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A shopkeeper sells one more radio for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. What is his total gain or loss percentage?a)5%b)6%c)6 12/17%d)5 15/17%Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice Quant tests.
| Explore Courses for Quant exam | |
Top Courses for Quant
Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
