A man buys some quantity of wheat for $ 2400. He sells one-third of it at a profit of 5%. At what per cent gain should he sell the remaining two-third so as to make an overall profit of 10% on the whole transaction?

A man buys some quantity of wheat for $ 2400. He sells one-third of it

1.	A man buys some quantity of wheat for $ 2400. He sells one-third of it at a profit of 5%. At what per cent gain should he sell the remaining two-third so as to make an overall profit of 10% on the whole transaction?
A.	11.5%
B.	12.5%
C.	13%
D.	13.5%
Answer» C. 13%

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A man buys some quantity of wheat for $ 2400. He sells one-third of it at a profit of 5%. At what per cent gain should he sell the remaining two-third so as to make an overall profit of 10% on the whole transaction?

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