Multiple choice

Cost price of two articles is the same. A tradesman got a profit of 40% on the first article. The selling price of the second article is 25% less than the first article. Then find the overall profit percent.

  1. 22.5%

  2. 42.5%

  3. 33.33%

  4. 16.67%

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

Let CP of each article be 100. SP of first with 40% profit = 140. SP of second = 140 - 25% of 140 = 105. Total SP = 245, Total CP = 200. Profit = 45, so overall profit% = 45/200 × 100 = 22.5%.

Keep practicing — related questions