Question

    The cost price of six dozen cupcakes is Rs. 360. After

    selling 48 cupcakes at the rate of Rs. 108 per dozen, the shopkeeper reduced the rate and sold the remaining cupcakes at the rate of Rs. 72 per dozen. Find the profit or loss percentage of the shopkeeper in this transaction.
    A 35% Correct Answer Incorrect Answer
    B 20% Correct Answer Incorrect Answer
    C 60% Correct Answer Incorrect Answer
    D 18% Correct Answer Incorrect Answer

    Solution

    ATQ,

    Cost price of 6 dozen cupcakes = Rs. 360

    Selling price of 48 cupcakes = 48 × (108/12) = Rs. 432

    Selling price of 24 cupcakes = 24 × (72/12) = Rs. 144

    Selling price of 72 cupcakes = 432 + 144 = Rs. 576

    Profit earned on selling 72 cupcakes = 576 – 360 = Rs. 216

    Profit percentage = (216/360) × 100 = 60%

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