Difficulty: Medium
Correct Answer: 33.33%
Explanation:
Introduction / Context:
This problem blends partial loss and required overall profit. We compute the revenue from the loss-making portion and then determine the necessary gain on the remainder to hit the overall target.
Given Data / Assumptions:
Concept / Approach:
Compute revenue from the first (loss) portion, then find the required revenue from the remainder. Translate this to the needed profit percentage on the remaining cost base and express the answer as a clean percentage.
Step-by-Step Solution:
Revenue from first quarter = 0.80 × 2000 = ₹ 1600.Required revenue from remaining = 9600 − 1600 = ₹ 8000.Remaining cost = 8000 − 2000 = ₹ 6000.Required profit rate on remaining = (8000 − 6000) / 6000 = 2000 / 6000 = 1/3 = 33.33%.
Verification / Alternative check:
Check totals: Loss portion gives ₹ 1600; remainder at 33.33% gives ₹ 8000; sum = ₹ 9600 → exactly 20% overall profit on ₹ 8000 cost.
Why Other Options Are Wrong:
Common Pitfalls:
Final Answer:
33.33%
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