An article is sold at a certain price by selling the article at 2/3 (two third) of that price. there is a loss of 10%. Find the gain percent at its original price. 

This question was previously asked in
UGC NET Official Paper 1: Held On 14 June 2023 Shift 2
View all UGC NET Papers >
  1. 35%
  2. 25%
  3. 33%
  4. 30%

Answer (Detailed Solution Below)

Option 1 : 35%
Free
UGC NET Paper 1: Held on 21st August 2024 Shift 1
50 Qs. 100 Marks 60 Mins

Detailed Solution

Download Solution PDF

Given:

Article sold at 2/3 of original price.

Loss = 10%

Calculation:

According to question,

Loss = 10%

Let CP be 10 and SP be 9

Now, original SP,

⇒ 2/3 × x = 9

⇒ x = 27/2

Gain = 27/2 - 10 = 7/2

Gain % = 7/20 × 100 = 35%

∴ The correct answer is 35%.

Latest UGC NET Updates

Last updated on Jul 7, 2025

-> The UGC NET Answer Key 2025 June was released on the official website ugcnet.nta.ac.in on 06th July 2025.

-> The UGC NET June 2025 exam will be conducted from 25th to 29th June 2025.

-> The UGC-NET exam takes place for 85 subjects, to determine the eligibility for 'Junior Research Fellowship’ and ‘Assistant Professor’ posts, as well as for PhD. admissions.

-> The exam is conducted bi-annually - in June and December cycles.

-> The exam comprises two papers - Paper I and Paper II. Paper I consists of 50 questions and Paper II consists of 100 questions. 

-> The candidates who are preparing for the exam can check the UGC NET Previous Year Papers and UGC NET Test Series to boost their preparations.

More Profit and Loss Questions

Hot Links: teen patti apk download teen patti wink teen patti joy vip teen patti real cash apk happy teen patti