A material is purchased for Rs. 600. If one fourth of the material is sold at a loss of 20% and the remaining at a gain of 10%, Find out the overall gain or loss percentage
Correct Answer : A.
We need to get the Total selling price to solve this question. Because after getting selling price we can get profit or loss, then we can calculate profit% or loss% So lets solve this: Price Received by selling one fourth of the material at a loss of 20% =
Price Received by remaining material at a gain of 10% =