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 × 1.25 × y = Rs. 125xy Selling price of oranges sold at 20% discount = 100x × 1.25 × 0.8 × y = Rs. 100xy Total profit earned = 125xy + 100xy - 100x × 2y = Rs. 25xy Gain percentage = (25xy / 200xy) × 100 = 12.5%

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