Anish bought 30 watches at wholesale rate. He sold 20 of them at 10% profit and the rest at 20% profit. What percentage profit did he make on the whole?
Answers
Hii dear,
● Answer -
Profit = 13.33 %
● Explanation -
Let x be the cost price of each watch bought by Anish.
Total cost price = 30x
He sold 20 watches as 10% profit,
Selling price = 20 × x × (100+10)/100
Selling price = 20x × 1.1
Selling price = 22x
He sold rest 10 watches as 20% profit,
Selling price = 10 × x × (100+20)/100
Selling price = 10x × 1.2
Selling price = 12x
Total selling price will be -
Total selling price = 22x + 12x
Total selling price = 34x
Percentage profit is calculated by -
Profit = (selling price - cost price) × 100 / cost price
Profit = (34x - 30x) × 100 / 30x
Profit = 4x × 100 / 30x
Profit = 13.33 %
Therefore, Anish made a profit of 13.33% on the whole.
Thanks dear...
Answer:
13.33
Step-by-step explanation:
Hello,
Let the price of one watch be ₹10.
therefore, price of 30 watches will be ₹300.
He sold 20 watches at profit of 10%.
Sp1 = 20×10+(200×10/100)
=200+(20)
=220
He then sold remaining 10 watches for 20% profit
Sp2= 10×10+(100×20/100)
=100+(20)
=120
Therefore, total SP = Sp1+Sp2
= 220+120
=340
So profit will be Sp - Cp = 340-300 = 60
Therefore, %p= p/cp ×100
=40/300 ×100
=13.33