New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    Study the following information carefully and answer the given questions: The given data is regarding the three companies selling certain masks at certain price. Company A: Number of mask sold by company A is 100. C.P of per mask is Rs.20. 40% mask sold at 20% profit and remaining at 10% profit. Company B: Number of mask sold by company B is 150. C.P of per mask is Rs.48. Mask is marked up by 50% and sold at discount of 10%. Company C: Total money received by selling all masks is Rs.10800. Selling price of each mask is Rs.100. Profit earned on selling per mask is 25%.

    What is the total amount received by selling masks by

    all the companies?
    A Rs.27040 Correct Answer Incorrect Answer
    B Rs.22800 Correct Answer Incorrect Answer
    C Rs.23200 Correct Answer Incorrect Answer
    D Rs.21400 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    For company A, 40% of mask sold at 20% profit = 40 × 24 = Rs. 960 60% of mask sold at 10% profit = 60 × 22 = Rs. 1320 Total SP = 960 + 1320 = Rs.2280 For company B, MP by Company B = 48 × (150/100) = Rs.72   Discount offered by Company B = 72 × (10/100) = Rs.7.2 Now, 72 – 7.2 = Rs.64.8 SP of Company B = 64.8 × 150 = 9720 For company C, SP Company C = Rs.10800 Required sum = 2280 + 9720 + 10800 = Rs.22800

    Practice Next