The average profit per rupee is 8% for groceries and the other goods consist of 60% of the sales if a store of the average profit per rupee of the store is 6%. What is the profit per rupee of the other goods of the store?
Answers
Answer:
78
Step-by-step explanation:
Given :-
The average profit per rupee for groceries = 8%
other goods consist of of the sales = 60% .
Average profit per rupee of the store is = 6%.
To Find :-
What is the profit per rupee of the other goods of the store ?
Solution :-
Let us assume that, the profit per rupee of the other goods of the store is x % .
now,
→ other goods on the sales = 60% .
So,
→ groceries on the sales = 100% - 60% = 40% .
then,
→ average profit on groceries + average profit on other goods = average profit of the store .
→ (profit per rupee for groceries * total groceries) + (profit per rupee in other goods * total other goods) = profit per rupee of the store .
putting all values we get,
→ (8% * 40%) + (x% * 60%) = 6%
since a% is equal to (a/100) ,
→ {(8/100) * (40/100)} + {(x/100) * (60/100)} = (6/100)
→ (320/10000) + (60x/10000) = (6/100)
→ (320 + 60x) / 10000 = (6/100)
→ 100(320 + 60x) = 6 * 10000
dividing both sides by 100,
→ 320 + 60x = 600
→ 60x = 600 - 320
→ 60x = 280
dividing both sides by 20,
→ 3x = 14
→ x = (14/3)
→ x = 4.66% (Option A) (Ans.)
Hence, profit per rupee of the other goods of the store is 4.66% .
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