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    Question

    A shopkeeper purchases six small cold drink bottles for

    Rs. 100. For how much should he sell one such bottle to get a profit of 20%?
    A 25 Correct Answer Incorrect Answer
    B 40 Correct Answer Incorrect Answer
    C 20 Correct Answer Incorrect Answer
    D 30 Correct Answer Incorrect Answer

    Solution

    Cost price of one bottle: CP of one bottle = 100/6 =50/3 Rs Selling price (SP) with 20% profit: SP =100/6 × 120/100 = 20 Rs Thus, the shopkeeper should sell one bottle for Rs. 20.

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