In a market, the price of medium quality mangoes is half that of good mangoes. A shopkeeper buys 80 kg good ma

Question

In a market, the price of medium quality mangoes is half that of good mangoes. A shopkeeper buys 80 kg good mangoes and 40 kg medium quality mangoes from the market and then sells all these at a common price which is 10% less than the price at which he bought the good ones. His overall profit is

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Accepted Answer

8%. Let the cost of good mangoes be 2x per kg. The cost of medium mangoes be x per kg. CP of good mangoes = 160x CP of medium mangoes = 40x His selling price = 0.9*2x = 1.80x Therefore, total revenue generated by selling all the mangoes = 120*1.8x = 216x Hence, the profit % = 16 x 200 x ∗ 100 \frac{16x}