A merchant buys Rs 20000 worth of goods. On the way 40% of the items are damaged.he is forced to sell them at a 10% loss.What profit %should he make on the rest of the items to make an overall profit of 20%

• 40%
  
  Cost of the damaged item=20000*40/100=8000, So cost of items in good condition=12000
  Selling Price of damaged item @10% loss=8000*(100-10)/100=7200 Rs.
  To get overall profit of 20%, a merchant must get 20000*(120/100)=24000 Rs.
  If good items are sold at 'x' % profit ,then to get overall money 24000 Rs
  7200+12000(100+x)/100=24000
  x=40
• 9 years agoHelpfull: Yes(1) No(2)