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A goldsmith has 361 rings of good. He se...

A goldsmith has 361 rings of good. He sells some of them at a loss of 4% and rest at a profit of 15% making overal profit of 8%. Find the no. of rings sold at a profit of 15%/

A

171

B

133

C

218

D

228

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AI Generated Solution

The correct Answer is:
To solve the problem step by step, we can follow these calculations: ### Step 1: Understand the problem The goldsmith has a total of 361 rings. He sells some at a loss of 4% and the rest at a profit of 15%. The overall profit he makes is 8%. We need to find out how many rings he sold at a profit of 15%. ### Step 2: Set up the profit/loss percentages - Loss on some rings = 4% - Profit on some rings = 15% - Overall profit = 8% ### Step 3: Use the allegation method We can use the allegation method to find the ratio of the rings sold at a loss to the rings sold at a profit. - The difference between the profit percentage and the overall profit percentage: \[ 15\% - 8\% = 7\% \] - The difference between the overall profit percentage and the loss percentage: \[ 8\% - (-4\%) = 8\% + 4\% = 12\% \] ### Step 4: Set up the ratio Using the differences calculated: - The ratio of rings sold at a loss to rings sold at a profit is: \[ 7 : 12 \] ### Step 5: Calculate the total parts The total parts in the ratio is: \[ 7 + 12 = 19 \] ### Step 6: Calculate the value of one part Since the total number of rings is 361, we can find the value of one part: \[ \text{Value of one part} = \frac{361}{19} = 19 \] ### Step 7: Calculate the number of rings sold at a profit The number of rings sold at a profit (which corresponds to 12 parts) is: \[ \text{Number of rings sold at profit} = 12 \times 19 = 228 \] ### Conclusion The number of rings sold at a profit of 15% is **228 rings**. ---
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