Given:
70% of articles are sold at a profit of 20%, and the remaining are sold at a loss of 10%.
Formula Used:
Overall Profit % = (Sum of individual profits and losses) / (Total Cost Price) × 100
Solution:
Let the CP of 100 Article = Rs. 100
Condition first:
SP of the 70% articles = 70 * 120% = 84
Condition second:
SP of the 30% articles = 30 * 90% = 27
Total SP = 84 + 27 = 111
Now, Total profit = SP – CP = 111 – 100 = 11%
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80 Questions
160 Marks
60 Mins English English20 Questions40 Marks12 Mins English English80 Questions160 Marks60 Mins EnglishBy selling an article for ₹21, a dealer makes a profit of 20%. By how much should he increase his selling price (in ₹) so as to make a profit of 50%?
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The cost price of article A is ₹ 500 more than the cost price of article B. Article A is sold at a loss of 10% and B is sold at a profit of 20%. If there is a profit of ₹200 in the entire transaction, then the cost price of article A is :
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A ration shop dealer sells his sugar using weights has 10% less than the true weight and makes a profit of 15%. Find his total gain percentage.
An article was sold at ₹600, making a profit of 20%. The cost price of the article was
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