Home
Class 14
MATHS
A shopkeeper sold one-third of his goods...

A shopkeeper sold one-third of his goods at a loss of 15%. To get a profit of 10% on the whole transaction, he should sell the remaining articles at a profit of

A

22 `1/2` %

B

16 `2/3` %

C

15%

D

25%

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step-by-step, we will break down the information given and calculate the required profit percentage for the remaining goods. ### Step 1: Understand the total goods and their selling price Let’s assume the total cost price (CP) of all the goods is 100 units (this makes calculations simpler). ### Step 2: Calculate the cost price of the sold goods The shopkeeper sold one-third of his goods, which means: - Goods sold = 1/3 of total goods = 1/3 of 100 = 33.33 units ### Step 3: Calculate the selling price of the goods sold at a loss The shopkeeper sold this one-third at a loss of 15%. Therefore, the selling price (SP) of this portion can be calculated as follows: - Loss = 15% of CP of sold goods = 15% of 33.33 = 5 units - SP of sold goods = CP of sold goods - Loss = 33.33 - 5 = 28.33 units ### Step 4: Calculate the total cost price of the remaining goods The remaining goods will be: - Remaining goods = Total goods - Goods sold = 100 - 33.33 = 66.67 units ### Step 5: Calculate the total selling price required for a 10% profit To achieve a total profit of 10% on the entire transaction, the total selling price (SP_total) should be: - Required SP_total = CP_total + Profit = 100 + 10% of 100 = 110 units ### Step 6: Calculate the selling price needed for the remaining goods Now, we know the selling price of the goods already sold and we can find out how much the remaining goods need to be sold for: - SP of remaining goods = SP_total - SP of sold goods = 110 - 28.33 = 81.67 units ### Step 7: Calculate the required profit percentage for the remaining goods Now, we need to find the profit percentage for the remaining goods. The cost price of the remaining goods is 66.67 units, and we need to sell them for 81.67 units. - Profit = SP of remaining goods - CP of remaining goods = 81.67 - 66.67 = 15 units - Profit percentage = (Profit / CP of remaining goods) * 100 = (15 / 66.67) * 100 ≈ 22.5% ### Final Answer The shopkeeper should sell the remaining articles at a profit of approximately **22.5%**. ---
Promotional Banner

Topper's Solved these Questions

  • PROFIT AND LOSS

    KIRAN PUBLICATION|Exercise TYPE-X|85 Videos
  • PROFIT AND LOSS

    KIRAN PUBLICATION|Exercise TEST YOURSELF|23 Videos
  • PROFIT AND LOSS

    KIRAN PUBLICATION|Exercise TYPE-VIII|23 Videos
  • POWER, INDICES AND SURDS

    KIRAN PUBLICATION|Exercise Test Yourself|25 Videos
  • RATIO AND PROPORTION

    KIRAN PUBLICATION|Exercise TEST YOURSELF|19 Videos

Similar Questions

Explore conceptually related problems

A shopkeeper sells one-third of his goods at a profit of 10%, another one-third at a profit of 20%, and the rest at a loss of 6%.What is his overall profit

A shopkeeper sold one-fourth of his goods at a loss of 10%. He sold the remaining at a higher per cent of profit to get 12 1/2 % profit on the whole. transaction. The higher profit per cent is

A shopkeeper sold 12 cameras at a profit of 20% and 8 cameras at a profit of 10%. If he had sold all the 20 cameras at a profit of 15%, then his profit would have been reduced by Rs.36. What is the cost price of each camera?

A shopkeeper buys two books for Rs. 300. He sells the first book at a profit of 20% and the second book at a loss of 10%. What is the selling price of the first book if in the whole transaction there is no profit or no loss?

KIRAN PUBLICATION-PROFIT AND LOSS -TYPE-IX
  1. A person bought 2 fans for Rs 2160. After selling first fan at 15% pro...

    Text Solution

    |

  2. Some toffees were bought at the rate of 11 for 10 and the same number ...

    Text Solution

    |

  3. A frult seller buys some oranges at the rate of 4 for 10 and an equal ...

    Text Solution

    |

  4. A shopkeeper blends two varieties of tea costing 18 and 13 per 100 gm ...

    Text Solution

    |

  5. Nikita bought 30 kg of wheat at the rate of 9.50 per kg and 40 kg of w...

    Text Solution

    |

  6. Krishna purchased a number of articles at 10 for each and the same num...

    Text Solution

    |

  7. A shopkeeper bought 15kg of rice at the rate of 29 per kg and 25kg of ...

    Text Solution

    |

  8. A dealer sold 3/4th of his articles at a gain of 24% and the remaining...

    Text Solution

    |

  9. A man buys a table and a chair for Rs.500.He sells the table at a loss...

    Text Solution

    |

  10. Mr. Kapur purchased two toy cycles for 750 each. He sold these cycles,...

    Text Solution

    |

  11. A man bought 500 metres of electronic wire at 50 paise per metre. He s...

    Text Solution

    |

  12. A shopkeeper sold one-third of his goods at a loss of 15%. To get a pr...

    Text Solution

    |

  13. A trader buys two articles for Rs. 4000 each. While selling if he gain...

    Text Solution

    |

  14. At a village trade fair a man buys a horse and a camel together for Rs...

    Text Solution

    |

  15. A trader buys two articles for Rs. 4000 each. While selling if he gain...

    Text Solution

    |

  16. A trader sells two articles for Rs. 14784 each. If he gains 12% on one...

    Text Solution

    |

  17. A trader sells two articles for Rs. 1875 each. If he gains 25% on one ...

    Text Solution

    |

  18. A man sells two articles each for Rs. 240. He sells one at a profit of...

    Text Solution

    |

  19. A shopkeeper sold two articles for Rs. 9471. On one,he gained 23% and ...

    Text Solution

    |

  20. A shopkeeper sold two articles for Rs 9639 each. On one, he gained 19%...

    Text Solution

    |