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      Question

      A fruit seller hiked the price of oranges by 25%. He

      managed to sell half of them at the marked price and gave a 20% discount on the rest. Calculate his total profit percentage.
      A 15.5% Correct Answer Incorrect Answer
      B 22.4% Correct Answer Incorrect Answer
      C 12.5% Correct Answer Incorrect Answer
      D 32.4% Correct Answer Incorrect Answer

      Solution

      ATQ,

      Let quantity of oranges bought be 2y. Let the cost price of each orange be Rs. 100x. Selling price of oranges sold at 25% markup = 100x ร— 1.25 ร— y = Rs. 125xy Selling price of oranges sold at 20% discount = 100x ร— 1.25 ร— 0.8 ร— y = Rs. 100xy Total profit earned = 125xy + 100xy - 100x ร— 2y = Rs. 25xy Gain percentage = (25xy / 200xy) ร— 100 = 12.5%

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