A shopkeeper purchase few articles he sold 1/4 of them at 30%profit and remaining articles at 10% profit so how much profit percent he may gain overall
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Answer:
Let the total cp of all articles be x
Cp of 1/4 articles=1/4*x
=x/4
Profit %=30%
Profit=30/100*x/4
=15x/200
Cp of rest articles=3/4x
Profit%=10%
Profit= 10/100*3/4x
=3/40x
Hence total profit= 15x/200+3x/40
=15x+15x/200
=30x/200
Therefore ;
Profit%= profit/cp*100
= 30x/200/x*100
= 3x/20*1/x*100
= 3/20*100
= 15%
Hence overall profit = 15%
Step-by-step explanation:
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