Some fruits are bought at 15 for Rs 140 and an equal number of fruits at 10 for Rs 120. If all the fruits are sold at Rs 132 per dozen, then what is the profit percent in the entire transaction?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 3
Let the fruits bought be 1 piece each of cost Rs (140/15) and Rs (120/10).
Thus total cost = (140/15) + (120/10) = Rs 21.333
Selling price of each of the 2 piece is (132/12). So, total Selling price = 2(132/12) = 22
Hence, profit percentage = [(22 - 21.33)/21.33] = 3.125%