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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 × 0.25 = 600
    10x = 600 ⇒ x = Rs. 60
    Total SP = 120x + 1.25 × 40x
    = 120 × 60 + 1.25 × 40 × 60
    = 7,200 + 3,000 = Rs. 10,200

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