New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    A shopkeeper sells two products A and B. He earns 12%

    profit on a product A costing Rs. 2000. If the overall profit on selling two products is 17%, then what will be the profit percentage on the other product B costing Rs. 1250?
    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. 2000
    Cost Price of B = Rs. 1250
    Profit on A = 0.12 × 2000 = Rs. 240
    Overall profit = 0.17 × 3250 = Rs. 552.5
    Profit on B = 552.5 – 240 = Rs. 312.5
    Profit percentage = 312.5/1250 × 100 = 25%

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