Profit And Loss Ques 39

Question.

A man sells calculator at the rate of ₹ 250 each which includes a profit of 14 per cent. What amount of profit will he earn in 19 days if he sells seven calculators per day?

(1) ₹ 4665

(2) ₹ 4565

(3) ₹ 4545

(4) ₹ 4655

(5) None of these

(IDBI Bank Officer Exam.16.09.2012)

Show Answer

Correct Answer: 5

Solution: (5)

Profit on one calculator $= \text{₹} \left(250 \times \frac{14}{114}\right)$

$\therefore$ Total profit $=\frac{7 \times 19 \times 250 \times 14}{114}= \text{₹} 4083.33$