📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    Roshan purchased 100 rolls of paper for Rs. 25 per roll.

    He spent Rs. 500 on their transportation. He also paid 30 paise per roll for packing of each roll. At what price must he sell each roll to gain 20% overall?
    A Rs. 30.25 Correct Answer Incorrect Answer
    B Rs. 33.75 Correct Answer Incorrect Answer
    C Rs. 32.75 Correct Answer Incorrect Answer
    D Rs. 36.36 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Effective cost price of 100 rolls of paper = (100 × 25) + 500 + (100 × 0.3) = 2500 + 500 + 30 = Rs. 3030 Selling price at 20% profit = 1.20 × 3030 = Rs. 3636 Therefore, selling price of each roll of paper = 3636/100 = Rs. 36.36

    Practice Next
    More Profit and loss Questions
    ask-question