A shopkeeper sold 6 shirts of company A for ₹4,290 at 10% profit and 8 shirts of company B for ₹6,156, adding 14% profit. What was his profit percentage (Correct to 2 decimal places)?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 12.32%.
Company A:
Let CP = x
⇒ x × 1.10 = 4290
⇒ x = 3900
Company B:
Let CP = y
⇒ y × 1.14 = 6156
⇒ y = 5400
Total CP = 3900 + 5400 = ₹9300
Total SP = 4290 + 6156 = ₹10,446
Profit = 10446 − 9300 = ₹1146
Profit % = = 12.32%