Find the gain percentage, given that Siddhi sold her scooter for ₹31902 gaining 1⁄6 th of the selling price.

- (a)20%
- (b)25%
- (c)5%
- (d)30%
Answer
Why
Correct — A. The stem is a figure: Siddhi sold her scooter for ₹31902, gaining 1⁄6 th of the selling price.
Gain = SP ÷ 6 = 31902 ÷ 6 = ₹5317
CP = SP − gain = 31902 − 5317 = ₹26585
Gain% = 5317 ÷ 26585 × 100 = 20% → option (a)
The rupee figure never mattered. Gain = SP⁄6 makes CP = 5⁄6 of SP, so gain% = (1⁄6) ÷ (5⁄6) = 1⁄5 = 20% for any selling price at all.
Why the others are wrong
- (b)25% — 25% is the answer to a gain of 1⁄5 of the selling price: then CP is 4⁄5 of SP and the gain is a quarter of it. The stem says one sixth, not one fifth.
- (c)5% — 5% would need the gain to be 1⁄21 of the selling price — cost 20 parts, gain 1 part, selling price 21. That is nowhere near one sixth.
- (d)30% — 30% corresponds to a gain of 3⁄13 of the selling price — cost 10 parts, gain 3, selling price 13. It is the right method applied to the wrong fraction.
Concept
Profit percentage is always measured on the cost price, whatever base the question uses to state the profit itself. So the first job is to move the given fraction onto CP.
Do it in parts. Gain is 1⁄6 of SP, so let SP = 6 parts. Then gain = 1 part and CP = 6 − 1 = 5 parts.
Gain% = 1⁄5 × 100 = 20%. The rupee amount is never touched, which is the point of working in parts.
₹31902 is decoration — it divides by 6 neatly so the long route also lands, but the fraction alone settles the answer. An awkward-looking figure is an invitation to divide when a part-ratio would finish faster.
Key facts
- Profit percentage is computed on the cost price, not on the selling price.
- A gain of 1⁄6 of SP means SP = 6 parts, gain = 1 part and CP = 5 parts.
- A gain of one sixth of the selling price is a gain of 20% on cost.
- 31902 ÷ 6 = 5317, and 31902 − 5317 = 26585.
Study next
Common traps
- Dividing the gain by the selling price and answering about 16.67%, a figure the options do not even carry.
- Applying the one sixth to the cost price when the stem says selling price.
- Reaching for the calculator on 31902 when the fraction alone decides it.
These items turn on which base the fraction sits on. 12 Sep 2024, 16:00, Quant Q.19 states the profit as 320% of the cost — the mirror image of this stem's one sixth of the selling price.
10 Sep 2024, 16:00, Quant Q.23 chains a 20% discount on marked price with a 10% gain and asks for a ratio, which is the same parts method run twice.
Related PYQs
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