Multiple choice

Naimish bought a certain quantity of apples for Rs. 1200. He sold (\frac{1}{3}) quantity at 20% loss , at what profit percent should he sell remaining apples so that he can make a overall profit of 10 % ?

  1. 15%

  2. 20%

  3. 22.5%

  4. 25%

  5. 30%
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Cost price is Rs. 1200. One-third (Rs. 400 worth) sold at 20% loss gives Rs. 320. To achieve 10% overall profit, total selling price must be Rs. 1320. Remaining apples (Rs. 800 worth) must sell for Rs. 1000, which is a 25% profit over their cost price.

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