📢 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 10%

    profit on a product A costing Rs. 1200. If the overall profit on selling two products is 21%, then what will be the profit percentage on the other product B costing Rs. 1100?
    A 31.25% Correct Answer Incorrect Answer
    B 33% Correct Answer Incorrect Answer
    C 43% Correct Answer Incorrect Answer
    D 21% Correct Answer Incorrect Answer
    E 28.5% Correct Answer Incorrect Answer

    Solution

    Cost Price of A = Rs. 1200
    Cost Price of B = Rs. 1100
    Profit on A = 0.10 × 1200 = Rs. 120
    Overall profit = 0.21 × 2300 = Rs. 483
    Profit on B = 483 – 120 = Rs. 363
    Profit percentage = 363/1100 × 100 = 33%

    Practice Next
    More Profit and loss Questions