📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    ⚡ Month End Offer - Flat 52% Off On All Courses! Enroll Now ⚡
    00:00:00 AM Left

    Question

    Prateek bought 2 items at the same price. He sold one

    item at 20% profit and another item at 25% profit. What is the overall percentage profit he made?
    A 12.5% Correct Answer Incorrect Answer
    B 22.5% Correct Answer Incorrect Answer
    C 16.5% Correct Answer Incorrect Answer
    D 37.5% Correct Answer Incorrect Answer

    Solution

    Let Prateek buys each item for Rs 'x'

    Total Selling Price of the two items = (120/100)*x + (125/100)*x = Rs 2.45x

    Percentage profit made = ((2.45x - 2x)/2x)*100% = 22.5%

    Practice Next
    More Profit and loss Questions
    ask-question