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XYZ publication started with 2000 novels. The printing cost, packaging cost and delivery cost of each novel is Rs. 150, Rs. 20 and Rs. 50 respectively. If 40% of the novels are sold at 3/4th of the cost price, then how much percent above the cost price should the remaining novels be sold to get 20% profit on total expenditure?
20%
30%
40%
50%
Ratio of the quantity of novels sold = 40% /60% 40% novels are sold at 3/4th of the cost price. So, Loss on 40% of novels = 25% = 25% (C.P is taken as Rs. 100) Let us take profit percentage of 60% novels as x% By Mixture and Allegation, Profit of 40% of novels Profit of 60% novels – 25% x% \ / 20% / \ (x – 20) 20 – (– 25) = 45
Ratio = 2 : 3 So, x - 20 /45 = 2/3 x = 50%
By: Amit Kumar ProfileResourcesReport error
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