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      Question

      A trader buys 120 bags and recovers the cost price after

      selling 80 of them. He sells the remaining 40 bags at a profit of 25% and earns Rs. 600 as profit on them. What is the total selling price of the 120 bags?
      A Rs.4450 Correct Answer Incorrect Answer
      B Rs.8700 Correct Answer Incorrect Answer
      C Rs.4080 Correct Answer Incorrect Answer
      D Rs.7140 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Let the cost price per bag be Rs. x.
      Total CP = 120x.
      SP of 80 bags = 120x.
      Profit on remaining 40 bags = 25%.
      So, 40x ├Ч 0.25 = 600
      10x = 600 тЗТ x = Rs. 60
      Total SP = 120x + 1.25 ├Ч 40x
      = 120 ├Ч 60 + 1.25 ├Ч 40 ├Ч 60
      = 7,200 + 3,000 = Rs. 10,200

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