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    Question

    The cost prices of a bookshelf and a wardrobe are in the

    ratio 2:5 respectively. If the seller earned a profit of 10% on the bookshelf and an overall profit of 18%, find his profit percentage on the wardrobe.
    A 36.6% Correct Answer Incorrect Answer
    B 45.5% Correct Answer Incorrect Answer
    C 23.5% Correct Answer Incorrect Answer
    D 21.2% Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    Let the cost price of the bookshelf be Rs. 200x and the wardrobe be Rs. 500x. Profit on the bookshelf = 200x × 0.1 = Rs. 20x. Overall profit = (700x) × 0.18 = Rs. 126x. So, profit on the wardrobe = 126x – 20x = Rs. 106x. Percentage profit on the wardrobe = (106x/500x) × 100 = 21.2%.

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