Traders buy dried fruit at prices of Rs.100, Rs.80 and Rs.60 per kg. He bought them in a weight ratio of . He finds that selling the first two makes a total profit of and eventually sells the entire lot he had with no profit or loss. What is the percentage of the loss he suffered in the third set?

see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.

An Intiative by Sri Chaitanya

40%

20%

30%

50%

answer is A.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

Concept: This question only shows the weight ratio at which the fruit is purchased. You also don't need the exact weight of the fruit to solve this question, as you need to find the winning percentage. Instead, assume the weight of the purchased fruit of the first variety is 12 x kg, and let the weight of the other fruits be an integer to determine the total cost and selling price of the fruit. You can use the gross profit information to set up an equation and solve it to get the answer to your question.
The three types of weights are

respectively. after that
Total C.P.

Rs.

S.P. of the first two varieties

Rs.

S.P. of the third variety

Rs.

Loss on third variety

Hence, the correct answer is option 1.

Watch 3-min video & get full concept clarity