Question

The following table shows the cost price of five different goods and their selling prices by two different shopkeepers.

Identify the shopkeeper who made more profit (in total) and his/her percentage profit.

Goods	Cost Price	Selling price by Shopkeeper X	Selling price by Shopkeeper Y
A	173	180	175
B	219	220	225
C	350	360	357
D	481	490	500
E	227	250	235

1. Shopkeeper Y, 2.90%
2. Shopkeeper X, 2.90%
3. Shopkeeper Y, 3.45%
4. ​Shopkeeper X, 3.45%

Answer 1

Correct Answer - Option 4 : ​Shopkeeper X, 3.45%

Calculation:

Cost price of all five goods = 173 + 219 + 350 + 481 + 227 = Rs.1450

Total selling price of all five goods for shopkeeper X = 180 + 220 + 360 + 490 + 250 = Rs.1500

Total selling price of all five goods for shopkeeper Y = 175 + 225 + 357 + 500 + 235 = Rs.1492

Profit % of shopkeeper X = (1500 - 1450)/1450 × 100 = 3.45%

Profit % of shopkeeper Y = (1492 - 1450)/1450 × 100 = 2.90%

∴ Shopkeeper X have more profit percentage, which is 3.45%.