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22 vote

A merchant bought some goods worth Rs. 6000 and sold half of them at 12% profit. At what profit per cent should he sell the remaining goods so as to make an overall profit of 18%?

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A merchant bought some goods worth Rs. 6000 and sold half of them at 12% profit. At what profit per cent should he sell the remaining goods so as to make an overall profit of 18%?
1). 24
2). 28
3). 18
4). 20

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1 answers

43 vote
Answered by on | Votes 43 |
Solution

Total profit to be made = 18%
Profit already made = 6% (12% on half of total value means 6% on total value)
Profit remaining = 12%

Since 12% profit is to be earned on 100% of the quantity, 24% of profit is to be made on half of the qunatity.

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