Question

A merchant buys rs. 20000 worth of goods. On the way 40% of the items are damaged. He is forced to sell them at a 10% loss. What profit % should he make on the rest of the items to make an overall profit of 20%

Answer 1

Answer:

Profit % => 40%

Step-by-step explanation:

Hey Mate,

Cost of Damage Goods => 20,000 × (40/100)

=> ₹8000

=> Normal Goods = ₹12000

10% Loss on Damage Goods.

=> 10% of 8000 = 800.

=> Damage Goods sale at ₹7200

Overall 20% = 20,000 × (120/100)

=> ₹24,000

Selling of normal Goods = 24000 - 7200

=> ₹16,800

Profit => 16800 - 12000

=> ₹4,800

Profit % => (4800/12000) × 100

Profit % => 40%

Answer 2

Answer:

16.66666667

Step-by-step explanation:

20,000-original

100%=20000

40%=?

=8000

so 12000 is still okay

the remaining 8000 is sold at 10% loss=7200

so adding the two two make a new original we have 19200 as our new 100%. To make 20% profit  we calculate

19200=100%

`?=120%

on cross multiplying we get 20640