Anurag loses one-seventh of the cost by selling a pen for Rs. 144. If the pen is sold for Rs. 189, what is the gain percent?

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RRC Group D Previous Paper 1 (Held On: 17 Sep 2018 Shift 1)
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  1. 11%
  2. 12.5%
  3. 11.5%
  4. 14%

Answer (Detailed Solution Below)

Option 2 : 12.5%
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RRB Group D Full Test 1
100 Qs. 100 Marks 90 Mins

Detailed Solution

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Let the cost price be Rs. x

⇒ Loss = x/7

⇒ Selling price = x – (x/7)

⇒ 144 = 6x/7

⇒ x = 168

⇒ New selling price = Rs. 189

⇒ Gain % = {(189 – 168)/168} × 100 = 12.5%

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