Question

A shopkeeper bought 40 pieces of an article at a rate of 50 per item. He sold 35 pieces with 20% profit. The remaining 5 pieces were found to be damaged and he sold them with 10% loss. Find his overall profit percentage.

• A. 30%
• B. 32.5%
• C. 16.25%
• D. 10%

Answer 1

Answer: (C)