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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?
    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%

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