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Question

In a market, the price of medium quality mangoes is half that of good mangoes. A shopkeeper buys 80 kg good mangoes and 40 kg medium quality mangoes from the market and then sells all these at a common price which is 10% less than the price at which he bought the good ones His overall profit is

A

6%

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B

8%

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C

10%

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D

12%

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Solution

The correct option is B 8% Let the good quality mangoes be priced at Rs. 100/kg. Medium quality mangoes' price = Rs. 50/kg Profit percentage =[{(80+40)×90−(40×50)−(80×100)}{(40×50)+(80×100)}]×100=[(1080010000)−1]×100=8

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