Multiple choice

A man purchased 2 headphones at the same price. He sold one at 33% profit and the other at 9% loss. Find overall percentage profit.

  1. 22% profit

  2. 16% profit

  3. 12% profit

  4. 24% profit

  5. 29% profit
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Since the cost prices are equal, the overall profit percentage is the average of the two percentages. (33% - 9%) / 2 = 24% / 2 = 12%.

AI explanation

Assume the cost price of each headphone is Rs. 100. Using the formula for overall profit percentage when two items are sold at the same cost price, we add the two profit percentages and divide by two, giving (33 - 9) / 2 = 12. This results in an overall 12% profit.

Keep practicing — related questions