Question 70

Rahul purchased 80 items from the market. 25% items of the total items were defective and the remaining items were sold at 50% profit. What will be the overall profit percentage?

Solution

Let price of each article = Rs. 100

=> Total cost price of 80 articles = $$80\times100=Rs.$$ $$8000$$

Now, after removing 25% defective articles, selling price of remaining 60 articles = Rs. 150

=> Total selling price = $$60\times150=Rs.$$ $$9000$$

$$\therefore$$ Overall profit % = $$\frac{(9000-8000)}{8000}\times100$$

= $$\frac{1000}{80}=12.5\%$$

=> Ans - (B)

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