A shopkeeper sells two items, A and B. Item B's cost price is twice as that of item A. The shopkeeper sells item A at 10% profit and item B at 20% profit. Which one of the following is the value of net profit?

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Q: 12 (CAPF/2024)
A shopkeeper sells two items, A and B.
Item B's cost price is twice as that of
item A. The shopkeeper sells item A at
10% profit and item B at 20% profit.
Which one of the following is the
value of net profit?

question_subject: 

Economics

question_exam: 

CAPF

The combined cost price is 3x (x for item A and 2x for item B). Profits are 0.1x and 0.4x for A and B, respectively, totaling 0.5x. The net profit percentage is (0.5x/3x)*100% = 16.66%.