📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    A shopkeeper sells two products A and B. He earns 14%

    profit on a product A costing Rs. 1700. If the overall profit on selling two products is 20%, then what will be the profit percentage on the other product B costing Rs. 1200?
    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 28.5% Correct Answer Incorrect Answer

    Solution

    Cost Price of A = Rs. 1700
    Cost Price of B = Rs. 1200
    Profit on A = 0.14 × 1700 = Rs. 238
    Overall profit = 0.20 × 2900 = Rs. 580
    Profit on B = 580 – 238 = Rs. 342
    Profit percentage = 342/1200 × 100 = 28.5%

    Practice Next
    More Profit and loss Questions
    ask-question