πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      A shopkeeper sells two products A and B. He earns 15%

      profit on a product A costing Rs. 1500. If the overall profit on selling two products is 21%, then what will be the profit percentage on the other product B costing Rs. 1000?
      A 31.25% Correct Answer Incorrect Answer
      B 30% Correct Answer Incorrect Answer
      C 40% Correct Answer Incorrect Answer
      D 21% Correct Answer Incorrect Answer
      E 25% Correct Answer Incorrect Answer

      Solution

      Cost Price of A = Rs. 1500
      Cost Price of B = Rs. 1000
      Profit on A = 0.15 × 1500 = Rs. 225
      Overall profit = 0.21 × 2500 = Rs. 525
      Profit on B = 525 – 225 = Rs. 300
      Profit percentage = 300/1000 × 100 = 30%

      Practice Next
      More Profit and loss Questions
      ask-question