## Quant Question Of The Day: 223

**A man purchases 2 equal lots of apples. In first lot he at the rate of 7 for 1 Rs. and in second 5 for 1Rs. He then sold them at 40 for 12. Find his profit or loss percentage.**

Categories:
Quant question of the day, Question of the day

**A man purchases 2 equal lots of apples. In first lot he at the rate of 7 for 1 Rs. and in second 5 for 1Rs. He then sold them at 40 for 12. Find his profit or loss percentage.**

**Solution**

**Equal lot**

**let’s say he bought 35 in each lot. **

**in first lot 35 for 5 Rs. **

**and in second lot 35 for 7 Rs. **

**so total 70 for 12 Rs.**

**he then sold 40 for 12 Rs.**

**Hence his profit is 30 apples over 40 apples**

**= 30/40*100 = 75%**

- LouisHayes on Quant Question Of The Day: 275
- pankaj saket on GK Question of the day: 22
- sajal on Puzzle of The Day
- sajal on Puzzle of The Day
- Lalit Bansal on Quant Question Of The Day: 275
- Rajendra Kumar on Countdown to CAT 2020|DAY 87|LRDI
- Shruti Tiwari on GK Question of the day: 21
- Deepika on GK Question of the day: 21
- Deepika on Quant Question Of The Day: 275
- Anubhav Swaroop on Quant Question Of The Day: 269

© 2007-2020 by TathaGat.

## 0 comments