Multiple choice

A man bought a certain quantity of sugar for Rs. 8000. He sells one-fourth of it at 10% loss. At what percent profit should he sell the remaining stock so as to make an overall profit of 20%?

  1. 23%

  2. 25%

  3. 28%

  4. 30%
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Total CP = 8000. Overall 20% profit means SP = 9600. 1/4 sold at 10% loss: SP = (8000/4)×0.9 = 1800. Remaining 3/4 must yield SP = 9600 - 1800 = 7800. Remaining CP = 6000, required profit = (7800-6000)/6000 = 1800/6000 = 30%.

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