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?

Q: A shopkeeper sells two products A and B. He earns 15% profit on a product A costing Rs. 1500. If the

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%

A 31.25%

B 30%

C 40%

D 21%

E 25%

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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?

Solution

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