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    Question

    A shopkeeper sells two products A and B. He earns 17.5%

    profit on a product A costing Rs. 1500. If the overall profit on selling two products is 20%, then what will be the profit percentage on the other product B costing Rs. 1000?
    A 35% Correct Answer Incorrect Answer
    B 23.75% 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. 1500
    Cost Price of B = Rs. 1000
    Profit on A = 0.175 × 1500 = Rs. 262.5
    Overall profit = 0.20 × 2500 = Rs. 500
    Profit on B = 500 – 262.5 = Rs. 237.5
    Profit percentage = 237.5/1000 × 100 = 23.75 %

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