Question

    Abhinav bought some pencils for ₹ X. He sold 20% of

    pencils at 25% loss, one third at 20% profit and the remaining at 25% profit. If the total profit earned by him on selling all the pencils is ₹248, then find the value of X (in₹)
    A 1680 Correct Answer Incorrect Answer
    B 1750 Correct Answer Incorrect Answer
    C 1860 Correct Answer Incorrect Answer
    D 1450 Correct Answer Incorrect Answer

    Solution

    Solution-Let the number of pencils =300

    sold 20% of pencils at 25% loss=300× (20/100) =60× (75/100) =45

    one third at 20% profit=300× (1/3) =100× (120/100) =120

    and now remaining pencils =300-(60+100) =140

    140 pencils sold on 25% profit =140×125/100=175

    Earn profit = (175+120+45) -(300)

    =340-300

    =40

    ATQ-

    40=248

    10=62

    300=1860

    Total number of pencils=300=1860.

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