Goods are purchased for ₹1500. If one fifth of the goods sold at a profit of 5% and the remaining four-fifth of the goods at a p
rofit of 10%, find the net profit percentage.
2 answers:
9%. Step-by-step explanation: 1/5 of 1500 = 300.
Answer:
9%
Step-by-step explanation:
Cost of 1/5 good = 1500*1/5= 300
Profit= 5%
SP = (profit+100)/100*CP
SP= (5+100)/100*300
SP = 105/100*300
SP= 1.05*300= 315
Cost of 4/5 good = 1500*4/5= 1200
Profit= 10%
SP= (profit+100)/100*CP
SP= (10+100)/100*1200
SP = 110/100*1200
SP= 1.10*1200= 1320
Total SP = 315+1320= 1635
Net profit= 1635-1500= 135
Profit% = 135/1500*100%
Profit% = 0.09*100%
Profit% = 9%
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