Question

A vendor sells two varieties of items, I and J. On item

Q: Answer-A vendor sells two varieties of items, I and J. On item I, which costs Rs. 2200, he makes a 12% prof...

ATQ, Cost Price of I Rs. 2200 Cost Price of J Rs. 2800 Profit on I 0.12 2200 Rs. 264 Overall profit 0.22 2200 2800 Rs. 1100 Profit on J 1100 264 Rs. 836 Profit percentage on J 8362800 100 29.86

I, which costs Rs. 2200, he makes a 12% profit. If the aggregate profit from selling both items is 22%, what is the profit percentage on item J, which has a cost price of Rs. 2800?

A 31.50%

B 65.05%

C 33.62%

D 29.86%

E none of these

Practice Next

More Profit and loss Questions

Bhartiya Sakshya Adhiniyam is an act to_____________.
Under the RTI Act, 2005, what is the time limit for a Public Information Officer (PIO) to respond to an RTI application?
As per Reg 7 of SEBI (Prohibition of Insider Trading) Regulations, 2015, which individuals are excluded from the definition of an "employee" for the...
What is the primary aim of the Mischief Rule in statutory interpretation?
Dying declaration is admissible as evidence before the court of law as per which section of the Indian Evidence Act, 1872?
Which of the following statement is incorrect about lease under Transfer of Property Act, 1882?

I. Lease ca...
A is accused of murder. He alleges that by grave and sudden provocation he was deprived of the power of self-control. B denies this fact
A small company is a company whose paid-up capital and turn over shall________________
“Evil should be returned by evil”. This theory is known as
According to the Contract Act who can become an Agent?

A vendor sells two varieties of items, I and J. On item

Solution