Practicing Success
A man bought two bicycles for ₹3,000 each. If he sells one bicycle at a profit of 10%, then for how much percentage profit should he sell the other bicycle so that he makes a profit of 20% on the whole? |
15 Percent 25 Percent 30 Percent 10 Percent |
30 Percent |
CP SP Profit of 10% on first = 10 11 Profit of x on second = 10 _ (CP is same) ———————————— Overall profit 20% = 20 24 So, SP of second = 24 - 11 = 13 Profit = 13 - 10 = 3 So, \(\frac{3 × 100}{10}\) = 30% |