Pramod bought two bags of rice, each for 480. He sold one bag at 17.5% profit and another at 12.5% lost. Find his overall percentage of profit in the transaction.
(1) 2.5% 3% (3) 5% (4) 7.5% (5) None of these
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total bought coast=2×480=960
profi for 1st bag =175×480/1000=84
profit for 2nd bag=125×480/1000 =60
total profit = 60+84=144
percentage of profit = 144×100/960=15
now the ans is (5) non of these
profi for 1st bag =175×480/1000=84
profit for 2nd bag=125×480/1000 =60
total profit = 60+84=144
percentage of profit = 144×100/960=15
now the ans is (5) non of these
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