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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?
- ARs. 40,000
- BRs. 20,000
- CRs. 60,000
- DRs. 10,000
Correct answer: B
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CCommunity
Rs. 20,000
Let the total worth of the stock be Rs. x.
The SP of 20% of the stock = 1/5 * x * 1.1 = 11x/50
The SP of 80% of the stock = 4/5 * x * 0.95 = 19x/25 = 38x/50
Total SP = 11x/50 + 38x/50 = 49x/50
Overall loss = x - 49x/50 = x/50
x/50 = 400 => x = 20000
Let the total worth of the stock be Rs. x.
The SP of 20% of the stock = 1/5 * x * 1.1 = 11x/50
The SP of 80% of the stock = 4/5 * x * 0.95 = 19x/25 = 38x/50
Total SP = 11x/50 + 38x/50 = 49x/50
Overall loss = x - 49x/50 = x/50
x/50 = 400 => x = 20000