Profit and loss

Quantitative Aptitude (CGL)

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The ratio of the cost price of two articles A and B is 5:4 resp. The shopkeeper sold article A and article B at 20% and 30% profit resp. Find the overall profit percent of the shopkeeper.

29.46%

28.03%

22.22%

24.44%

Explanation:

SP of article A = 1.2*5x = Rs.6x
SP of article B = 1.3*4x = Rs.5.2x
Total Profit = 11.2x – 9x = Rs.2.2x
Required Profit% = (2.2x/9x)*100 = 24.44%

Hence, option 4 is the correct answer.

By: Amit Kumar

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