ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    src="https://www.ixambee.com/questionimage/Question-Bank/1640361772-sscqn5.PNG" alt="" />
    A 3(1/8) Correct Answer Incorrect Answer
    B 4(1/2) Correct Answer Incorrect Answer
    C 3 Correct Answer Incorrect Answer
    D 2(1/4) Correct Answer Incorrect Answer

    Solution

    15 fruits for тВ╣140 тЖТ Cost per fruit = тВ╣9.33 ┬а 10 fruits for тВ╣120 тЖТ Cost per fruit = тВ╣12 ┬а Let's assume 30 fruits are bought in total (15 from each category, making it equal). ┬а All fruits are sold at тВ╣132 per dozen тЖТ Selling price per fruit = {132}/{12} = тВ╣11 ┬а Cost of first set of 15 fruits = тВ╣140 ┬а Cost of second set of 15 fruits = тВ╣180 ┬а Total cost price = тВ╣140 + тВ╣180 = тВ╣320 ┬а Total fruits = 30, Selling price per fruit = тВ╣11 ┬а Total selling price = 30 x 11 = тВ╣330 ┬а Profit = Selling Price - Cost Price = тВ╣330 - тВ╣320 = тВ╣10 ┬а Profit percentage = 10/320 x 100 = 3.125%

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question