question_answer

A man buys 100 kg of sugar for Rs 2400. He sold 1/4th of the stock at a loss of 5%. At what percent profit should he sell the remaining stock so as to make an overall profit of 20% on the whole transaction?

A) \[25%\]                         

B) \[27\frac{1}{3}%\]        

C)        \[28%\]             

D)        \[28\frac{1}{3}%\]