Subject
Quantitative Aptitude
Topic
Profit & Loss
A company manufactures pens. It makes a profit of INR 18.00 when it sells 100 pens to a local shop. The local shop, in turn, makes a profit of INR 4 on selling 50 pens at 80 paise per pen. How much did it cost the company to manufacture 100 pens?
A company manufactures pens. It makes a profit of INR 18.00 when it sells 100 pens to a local shop. The local shop, in turn, makes a profit of INR 4 on selling 50 pens at 80 paise per pen. How much did it cost the company to manufacture 100 pens?
ক)
INR 64খ)
INR 55গ)
INR 54ঘ)
INR 32.50ঙ)
INR 56Explanation
Company makes a profit of INR 18 when it sells 100 pens to local shop ∴ The S.P of company is the C.P of the local shop The local shop makes a profit of INR 4 on selling 50 pens at 80 paise per pen. ∴ Revenue generated by local shop by selling 50 pens = 50 × 0.80 = INR 40 ∵ the local shop makes a profit of INR 4, C.P. of 50 pens for the local shop = 40 – 4 = INR 36 ∴ C.P. of 100 pens for the local shop = 2 × 36 = INR 72 ⇒ the company sells 100 pens to the local shop at INR 72. The company makes a profit on INR 18 on selling 100 pens to the local shop. We know that, Profit = selling price – manufacturing price ∴ 18 = 72 – manufacturing price ⇒ Manufacturing price = 72 – 18 = 54 INR 54 is the cost price of the company to manufactures 100 pens.Related questions
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