Multiple Choice Questions on The ratio of the cost price of two articles A and B is 5 4 resp The shopkeeper sold article A and ar........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

The ratio of the cost price of two articles A and B is 5 4 resp The shopkeeper sold article A and ar...........

Quantitative Aptitude ( CCS) Profit and loss
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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%
    Incorrect Answer
    28.03%
    Incorrect Answer
    22.22%
    Incorrect Answer

    24.44%

    Correct Answer
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    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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