Question
A retailer sells two items, C and D. She makes a 15%
profit on item C, which costs Rs. 2000. If the total profit from selling both items is 20%, then what is the profit percentage on the other item D, which costs Rs. 2500?Solution
ATQ, Cost Price of C = Rs. 2000 Cost Price of D = Rs. 2500 Profit on C = 0.15 × 2000 = Rs. 300 Total profit = 0.20 × (2000 + 2500) = Rs. 900 Profit on D = 900 – 300 = Rs. 600 Profit percentage on D = (600/2500) × 100 = 24%
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