Question

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?

(A) 4.66%
(B) 1.66%
(C) 6.66%
(D) 2%
please explain the answer​

Answer 1

Answer:

4.66%

Step-by-step explanation:

I am not sure, but this is my answer.

Assuming x to be profit per rupee of other goods,

60% other goods and 40%  groceries (at 8% for groceries)

6% profit per rupee(TOTAL)

So,

0.6*x + (0.4 * 0.08) = 0.06

0.6 * x = 0.06 - (0.4 * 0.08)

x= 0.0466667

x= 4.66%

I hope this is right.

Answer 2

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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