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    Question

    The cost price of a bag is Rs. 350. A seller purchased 25

    such bags. He sold 12 of them at a profit of 12%, 8 bags at 18% profit and the remaining bags for Rs. 400 each. Find the total profit earned by the seller.
    A Rs.2250 Correct Answer Incorrect Answer
    B Rs.1325 Correct Answer Incorrect Answer
    C Rs.1258 Correct Answer Incorrect Answer
    D Rs.1550 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Total selling price of bags = (12 × 350 × 1.12) + (8 × 350 × 1.18) + (5 × 400) = 4704 + 3304 + 2000 = Rs. 10,008

    And, total cost price = 350 × 25 = Rs. 8,750

    So, profit earned = 10008 - 8750 = Rs. 1,258

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