Question discussion

1/3 of a commodity is sold at 15% profit, ¼ is sold at 20% profit and the rest at 24% profit. If the Total profit is Rs. 80 is earned then…

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1/3 of a commodity is sold at 15% profit, ¼ is sold at 20% profit and the rest at 24% profit. If the Total profit is Rs. 80 is earned then find the value of commodity?
  • A100
  • B200
  • C300
  • D400
Correct answer: D

Discussion 1

0
CCommunity
400

Part sold at 24% profit = 1-(1/3+1/4) = 5/12
Value of commodity = (80×100) / (1/3*15+1/4*20+5/12*24)= 400