Subject
Quantitative Aptitude
Topic
Profit & Loss
Vinod makes a profit of Rs. 110 if he sells a certain number of pencils he has at the price of Rs. 2.5 per pencil and incurs a loss of Rs. 55 if he sells the same number of pencils of Rs. 1.75 per pencil. What should be the selling price of all the pencils in order to make a profit of 15%?
Vinod makes a profit of Rs. 110 if he sells a certain number of pencils he has at the price of Rs. 2.5 per pencil and incurs a loss of Rs. 55 if he sells the same number of pencils of Rs. 1.75 per pencil. What should be the selling price of all the pencils in order to make a profit of 15%?
ক)
506খ)
220গ)
550ঘ)
385ঙ)
484Explanation
Let number of pencils be ‘x’ Profit = 110 Selling price =2.5x Cost price = SP – PROFIT = 2.5X – 110 Similarly, selling price =1.75x Loss = 55 Cost price = SP + loss = 1.75x + 55 Equating two cost prices we get x = 220 ∴ Vinod has 220 Pencils. Total cost price = 1.75 × 220 + 55 = Rs. 440 In order to make a profit of 15%, selling price = 440 + (15% of 440) = 440 + 66 = 506Related questions
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