Question
Download Solution PDFA shopkeeper bought each packet of 12 articles for Rs. 51 and sold them as a packet of 15 articles, each for Rs. 71.25. If he gets a profit of Rs. 90, the number of articles he sold is
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Cost price of 12 articles = ₹51
Selling price of 15 articles = ₹71.25
Profit = ₹90
Formula used:
Total profit = Total selling price - Total cost price
Number of articles = Total articles bought and sold
Calculation:
Cost price per article =
⇒ Cost price per article = ₹4.25
Selling price per article =
⇒ Selling price per article = ₹4.75
Profit per article = Selling price per article - Cost price per article
⇒ Profit per article = ₹4.75 - ₹4.25
⇒ Profit per article = ₹0.50
Total number of articles =
⇒ Total number of articles = 180
∴ The correct answer is option (3).
Last updated on Sep 26, 2023
The Telangana Police Constable select list out. this is for the cycle 2022. Selection of the candidates is based on the performance in the Prelims Written Test, Physical Test, and Final Written Test. Candidates can refer to the Telangana Police Constable Previous Year Papers. To practice questions, you can attempt the Telangana Police Constable Mock Tests too.