wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

If Amit makes a profit of 5% on 34th of the quantity of apples sold and a loss of 10% on the rest of the apples, then his net percent profit or loss is

A
7.5%
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
10%
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
12.5%
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
15%
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C 12.5%
Let CP of the quantity = ₹ 1000

CP of 34th of the apples is ₹ 750

Profit on 34th of the quantity of apples

=5100×CP=5100×750=37.5

SP = CP + profit

=750 + 37.5 = ₹ 787.5

CP of 14th of the apples is ₹ 250

Loss on 14th of the quantity =10% of 250 =₹ 25

Selling price (SP) = 250 - 25 = ₹ 225

Total SP = 787.5 + 225 = ₹ 1012.5

The total selling price is more than the cost price

Profit = 1012.5 – 1000 = ₹ 12.5

% Profit =(12.5100×100)

% Profit=12.5%

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Profit and Loss
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon