Multiple choice

A pharmaceutical company sells 2/3rd of its products with a profit of 20% in a particular region and rest of the products at the cost price in another region. Find the profit gained by the company in two transactions.

  1. 10%

  2. 13.33%

  3. 15%

  4. 12.50%

  5. 10.50%
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B Correct answer
AI explanation

Assume the cost price of the total products is Rs. 300, so two-thirds of the products, or products worth Rs. 200, are sold at a 20% profit, resulting in a selling price of Rs. 240 for that portion. The remaining products worth Rs. 100 are sold at cost price, making the total selling price Rs. 340. The total profit is 340 minus 300, equaling Rs. 40, and applying the profit percentage formula of profit divided by cost price times 100 gives 40 divided by 300 times 100, which equals 13.33%.

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