A company makes a profit of 7% selling goods which cost Tk. 2000; it also makes a profit of 6% selling a machine that cost the company Tk. How much total profit did the company make on both transactions?

A    Tk. 300

B    Tk. 400

C    Tk. 420

D    Tk. 440

Solution

Correct Answer: Option D

 

Profit from first transaction = 2000 * 7% = 2000 * 7/100 = 140 tk

Profit from second transaction = 5000 * 6% = 5000 * 6/100 = 300 tk

So, Total pofit = 140 + 300 tk = 440 tk

 

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