Question
A store owner sells two products, E and F. She makes a
10% profit on product E costing Rs. 1000. If the combined profit percentage for the two products is 18%, what is the profit percentage on product F, which costs Rs. 2000?Solution
ATQ, Cost Price of E = Rs. 1000 Cost Price of F = Rs. 2000 Profit on E = 0.1 × 1000 = Rs. 100 Overall profit = 0.18 × (1000 + 2000) = Rs. 540 Profit on F = 540 – 100 = Rs. 440 Profit percentage on F = (440 / 2000) × 100 = 22%
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