Question

The ratio of selling prices of four articles is $3 : 5 : 6 : 8$ and their profits are 20%, 25%, 20% and 25% respectively. What is the overall percentage of profit on selling the four articles?

• A. $11 \%$
• B. $22\frac{11}{12} \%$
• C. $24 \%$
• D. $28\frac{11}{12} \%$
• E. $36 \%$

Answer 1

Answer: (B)

$22\frac{11}{12} \%$

Answer 2

The correct answer is option (B): $22\frac{11}{12} \%$