15 mangoes are bought for ₹250, and 9 mangoes are bought for ₹200. If all the mangoes are sold at ₹240 per dozen, then what is the profit percentage in the entire transaction (round up to two decimal places)?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 6.67%.
Total cost = (250 + 200) for (15 + 9) mangoes
Total cost = 450 for 2 dozen
SP for 2 dozen = 240 × 2 = 480
Profit = 480 - 450 = 30
⇒ Profit% = 30/450 × 100 = 6.67%