Question
A shopkeeper bought 200 articles at ₹40 each. He sold
120 articles at ₹50 each and the rest at ₹60 each. What is the profit percentage earned by the shopkeeper?Solution
Cost price of 200 articles = 200 × 40 = ₹8,000 Revenue from 120 articles sold at ₹50 each = 120 × 50 = ₹6,000 Revenue from 80 articles sold at ₹60 each = 80 × 60 = ₹4,800 Total revenue = ₹6,000 + ₹4,800 = ₹10,800 Profit = Total revenue - Total cost price = ₹10,800 - ₹8,000 = ₹2,800 Profit percentage = (Profit / Total cost price) × 100 = (2,800 / 8,000) × 100 = 35% Correct Option: d) 35%
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