Question

A farmer sells1/4
of his produce at a profit of 16%.
2/5
of his produce at a profit
of 20% and the remaining produce at a profit of 40%. What is his overall profit percent?

Answer 1

seventy six percent

Step-by-step explanation:

16+20+40% =76%

Answer 2

Given ; A farmer sells1/4 of his produce at a profit of 16%. 2/5

of his produce at a profit of 20% and the remaining produce at a profit of 40%

To Find ; overall profit percent

Solution ; Let the total produce = x

A farmer sells 1/4 of produce = x/4

profit for 1/4 produce = 16 % of x/4

= x/25

A farmer sells 2/5 of produce = x/5

profit for 2/5 produce = 20 % of x/5

= x/25

A farmer sells 7/20 f produce = 7x/20

profit for 7/20 produce = 7x/50

Total profit percent =64 %