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Chamanlal purchased 20 dozen note books @ Rs.48 per dozen. He sold 8 dozen at 10% profit and the remaining12 dozens with 20% profit. What is the profit percentage in this transaction?
- A2 %
- B4 %
- C8 %
- D16 %
Correct answer: D
Discussion 1
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CCommunity
16 %
Total cost price = 20 × 48 = Rs.960/-
Amount of first selling = 8 × Rs.52.80 = Rs.422.40
Amount of second selling = 12 × Rs.57.60 = Rs.691.20
Total selling price = 422.40 + 691.20 = Rs.1113.60
Profit = 1113.60 – 960 = Rs.153.60
Therefore profit per cent in this transaction = 153.60 × 100/960 = 16%.
Total cost price = 20 × 48 = Rs.960/-
Amount of first selling = 8 × Rs.52.80 = Rs.422.40
Amount of second selling = 12 × Rs.57.60 = Rs.691.20
Total selling price = 422.40 + 691.20 = Rs.1113.60
Profit = 1113.60 – 960 = Rs.153.60
Therefore profit per cent in this transaction = 153.60 × 100/960 = 16%.