Aptitude question. Answer
Ques. A merchant bought some goods worth Rs. 6,000/- and sold half of them at 12% profit. At what profit percent should he sell the remaining goods to make an overall profit of 18%? a) 24% b) 28% c) 18% d) 20% e) 26%
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Right answer should be 24%br / br /strongExplanation: /strongbr / br /Let CPT (total) = 6000/- br /Therefore, cost of half of goods CP1= 3000/- and of other half goods = CP2= 3000/- br /So, SP1=3000 × 1.12 = 3360/- and SPT= 6000 × 1.18 = 7080/- br /Thus, SP2= 7080 – 3360 = 3720/- br /Profit % = [(3720 - 3000) / (3000)] * 100 = 24%
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