Profit And Loss Ques 13
Question.
‘A’ bought a certain quantity of oranges at total cost of Rs. 1200. He sold 1/3rd of those oranges at $20 \%$ loss. If A earns an overall profit of $10 \%$, at what percent profit did A sell the rest of the oranges?
(1) $16 \%$
(2) $15 \%$
(3) $22 \%$
(4) $25 \%$
(5) $20 \%$
(IBPS Bank PO/MT CWE-V (Preliminary) 03.10.2015)
Show Answer
Correct Answer: (4)
Solution: (4)
Let C.P. of each orange be Rs. 100.
$\therefore \quad$ Number of oranges $=\frac{1200}{100}=12$
According to the question,
S.P. of 12 oranges $=\frac{1200 \times 110}{100}=$ Rs. 1320
4 oranges are sold on $20 \%$ loss.
$\therefore$ Their S.P. $=\frac{400 \times 80}{100}=$ Rs. 320
$\therefore \quad$ Required S.P. of remaining 8 oranges $=1320-320$ $=$ Rs. 1000
$\therefore$ Required profit percent $=\left(\frac{1000-800}{800}\right) \times 100=25 \%$
BETA
