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Aptitude Day 351

Answers of Day 350: 1. 140%
                                    2. 25%

Problems on Profit and Loss:

1. Some articles were bought at 30 for 20 and sold at 20 for 30. Gain percent is:

Solution:
                  C.P of 60 articles = 20/30 *[60] = 40.
                  S.P of 60 articles = 30/20*[60] =90.

                  Gain = 50/40*[100] = 125%.

2. A pair of articles was bought for 40 at a discount of 20%. What must be the market price of each article?

Solution:
                 S.P of each article = 40/2 = 20.


                 80% of market price = 20/80*[100] = 25.


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