Multiple choice

The cost price of two products is the same. The vendor makes a profit of 60% on the first product. The selling price of the second product is 30% less than that of the first product. Find the vendor's overall profit percentage.

  1. 38%

  2. 35%

  3. 36%

  4. 39%

  5. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let CP of each be 100. SP1 = 160. SP2 = 160 * 0.7 = 112. Total CP = 200. Total SP = 160 + 112 = 272. Profit = 72. Profit % = (72 / 200) * 100 = 36%.

AI explanation

Let the cost price of each product be 100, making the total cost 200. The first product sells for 160, and the second product sells for 30% less than 160, which is 112. The combined selling price is 160 + 112 = 272. The overall profit percentage is ((272 - 200) / 200) * 100, which results in 36%.

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