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      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%

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