Question

X bought a certain quantity of oranges for an amount of 1800. He sold 2/5 of those for an amunt of 20%. He earned an overall profit of 15%.At what approximate profit

Answer 1

Answer:

38.33%

Explanation:

total cost price= 1800

overall profit = 15%

15% 1800 = 270

Total selling price = 1800 + 270

=2070

c.p of 2/ 5 of oranges = 2/5×1800

= 720

s.p of 2/5 of oranges at 20% loss = 720-144 = 576

{20% of 720 = 144}

c.p of remaining oranges = 1800-720 = 1080

s.p of remaining oranges = 2070-576 = 1494

profit on remaining oranges = 1494 -1080

= 414

profit% of remaining oranges = 414/ 1080 ×100

= 38.33 %