A) 22%
B) 18%
C) 24%
D) 16%
Correct Answer: A
Solution :
[a] Let the required profit percent be x% Then (110% of 2000) + [(100+x) % of 2000] = 116% of 40000 \[\Rightarrow \]\[\left( \frac{110}{100}\times 2000 \right)+\left( \frac{100+x}{100}\times 2000 \right)=\frac{116}{100}\times 4000\] \[\Rightarrow \] \[2200+2000+20x=4640\] \[\Rightarrow \] \[20x=440\Rightarrow x=22%\]You need to login to perform this action.
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