Question

If 20 items of "a" are sold at a profit of x% and 30 items of "b" are sold at a profit of 2x%. what is the net profit percentage?
a.1.4%
b.1.6%
c.1.5%
d.data insufficient

Answer 1

Hello,

Thank you for your question.

Here is the solution:

20 items of A -> x% profit

30 items of A -> 2x% profit

Total items = 50

Net profit = 20*x/50 + 30*2x/50

= 1.6x%

The correct answer is option B

If there is any confusion please leave a comment below.