Question

    A shopkeeper sells two products A and B. He earns 20%

    profit on a product A costing Rs. 1800. If the overall profit on selling two products is 25%, then what will be the profit percentage on the other product B costing Rs. 1500?
    A 31% Correct Answer Incorrect Answer
    B 30% Correct Answer Incorrect Answer
    C 35% Correct Answer Incorrect Answer
    D 21% Correct Answer Incorrect Answer
    E 25% Correct Answer Incorrect Answer

    Solution

    Cost Price of A = Rs. 1800
    Cost Price of B = Rs. 1500
    Profit on A = 0.2 × 1800 = Rs. 360
    Overall profit = 0.25 × 3300 = Rs. 825
    Profit on B = 825 – 360 = Rs. 465
    Profit percentage = 465/1500 × 100 = 31%

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