Question

    A shopkeeper sells two products A and B. He earns 16%

    profit on a product A costing Rs. 1400. If the overall profit on selling two products is 20%, then what will be the profit percentage on the other product B costing Rs. 800?
    A 35% Correct Answer Incorrect Answer
    B 33% Correct Answer Incorrect Answer
    C 43% Correct Answer Incorrect Answer
    D 27% Correct Answer Incorrect Answer
    E 28.5% Correct Answer Incorrect Answer

    Solution

    Cost Price of A = Rs. 1400
    Cost Price of B = Rs. 800
    Profit on A = 0.16 × 1400 = Rs. 224
    Overall profit = 0.20 × 2200 = Rs. 440
    Profit on B = 440 – 224 = Rs. 216
    Profit percentage = 216/800 × 100 = 27%

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