Question 196

A merchant bought some goods worth Rs. 6000 and sold half of them at 12% profit. At what profit per cent should he sell the remaining goods to make and overall profit of 18%?

Solution

50% of the goods are sold at 12%.

=> 0.5(x) + 0.5(12) = 0.18

=> 0.5x = 0.12

=> x = 0.24


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