Q:
A person purchase 50 mangoes he sells 10 at 20% profit, 20 at 30% profit and rest got rotten. Find its total loss or profit%?
Answer & Explanation
Answer: C) 24%
Explanation: Let the cost price of each mango be Rs. 1
So 50 mangoes costs = Rs. 50
20% Profit on Selling Price of 10 mangoes = Rs. 12
30% Profit on Selling Price of 20 mangoes = Rs. 26
Total = Rs. 38
Loss = 50 - 38 = 12
Loss% = (12/50) x 100 = 24%.
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