Reshma purchased 120 chairs at price of Rs. 110 per chair. He sold 30 chairsat a profit of Rs. 12 per chair and 75 chairs at profit of Rs. 14 per chairs. The remaining chairs were sold at a loss of Rs. 7 per chairs. What is the average profit per table? A. Rs 10.56 B. Rs 10.87 C. Rs 12.123 D. Rs 12.67

Reshma purchased 120 chairs at price of Rs. 110 per chair. He sold 30 chairsat a profit of Rs. 12 per chair and 75 chairs at profit of Rs. 14 per chairs. The remaining chairs were sold at a loss of Rs. 7 per chairs. What is the average profit per table? A. Rs 10.56 B. Rs 10.87 C. Rs 12.123 D. Rs 12.67 
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1 Answer

Answer :

Answer – B (Rs 10.875)

Explanation – Total C.P = Rs. (120 x 110) =Rs. 13200.

Total S.P = Rs.[(30 x 110 + 30 x 12) + (75 x 110 + 75 x 14) + (15 x

110 – 15 x 7)

=Rs..14505

Average profit = Rs. (14505 – 13200) /120

= Rs. 1305/120= 10.875
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Related questions

Selva purchased 60 chairs at a price of Rs. 55 per chair. He sold 15 chairs at a profit of Rs. 6 per chair and 37 chair at a profit of Rs. 7 per chair. The remaining chairs were sold at a loss of RS.3 per chair. What is the average profit per chair?

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Last Answer : Total cost price = Rs(60*55) = Rs.3300 Total selling price = Rs [(15*55 + 15 * 6)+(37*55+37*7)+(8*55 - 8*30)] = Rs. [ 915 + 2294 + 416] = Rs.3625 Average profit = Rs[3625 – 3300/60] = Rs.(325/60) = Rs. 5.416 Therefore the average profit per chair is Rs 5.41.

Sanki purchased 20 dozen notebook at Rs. 48 per dozen. He sold 8 dozen at 10% profit and remaining 12 dozen with 20% profit. What is his profit percentage in the transaction? A. 8% B. 15% C. 16% D. 19%

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Last Answer : Answer – C (16%) Explanation – C.P of 20 dozen = Rs.(48 x 20) = Rs.960 C.P of 8 dozen = Rs. (48 x8) = Rs. 384. C.P of 12 dozen =Rs. (960 – 384) = Rs. 576 Total S.P = Rs. (110/100 x 384 +120/100 x 576) = Rs.1113.60 ∴ Profit % = (153.60/960 x 100)% =16%

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Harshith is a successful milk vector in salem. He sold half of the milk at 40% profit, half of the remaining milk at 40% loss and he rest was sold at his cost price. In the total transaction, his gain or loss will be

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Last Answer : total CP= Rs 100 total SP=[ 140/2+ 60/4+100/4] = 280+60+100/4 =440/4 =110 Gain=sp-cp=110-100=10 Gain% = 10/100*100=10%

Francis and George started a business with investments of Rs.7000 and Rs.10000. After x months, Francis left. After two more months David joined the business with an investment of Rs.10000. If the annual profit is shared among David, Francis and George in the ratio 10:7:24, find the respective time periods of David, Francis and George for which they stayed that year. a)5:5:12 b)1:1:3 c)1:1:4 d)1:1:2

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Femina is the famous magazine in India. In that company there is a profit of Rs 150. If 2/3 part of n magazine is sold at 60% profit, 1/4 part at 32% profit and remaining part at 24% profit and the find the cost price of the magazine?

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Description : Manish purchased 25 kg of rice @ Rs32 per kg and 15 kg of rice @ Rs 36 per kg. He mixed the two varieties of rice and sold it @ Rs 40.20 per kg. What is the percent profit earned? 1. 25 2. 40 3. 30 4. 20

Last Answer : 4. 20

A man sold a cycle at a loss of 15%. Had he sold it for Rs.241.87 more he would have gained 24%. For what value should he sell it in order to earn a profit of 30%? a) Rs. 782 b) Rs. 792 c) Rs. 796 d) Rs. 800 e) Rs. 806

Description : A man sold a cycle at a loss of 15%. Had he sold it for Rs.241.87 more he would have gained 24%. For what value should he sell it in order to earn a profit of 30%? a) Rs. 782 b) Rs. 792 c) Rs. 796 d) Rs. 800 e) Rs. 806

Last Answer : Let the cost price be Rs. X :. Selling price = 85X/100 If profit is 24% then selling price = 124X/100 Now, (124X/100) – (85X/100) = 241.8 Or. X= (24180/39) = Rs.620 For 30% gain SP = (130/100)×620 = Rs. 806 Answer is: e)

The ages of Gaurav and Goutham will be in the ratio 5 : 7 after ten years from now and will be in the ratio 13 : 18 after twelve years from now. Find the ratio of the sum of their ages 10 years hence to the sum of their ages 12 years hence. 1 : 25 : 27 2 : 13 : 15 3 : 14 : 17 4 : 18 : 23 5 : 30 : 31

Description : The ages of Gaurav and Goutham will be in the ratio 5 : 7 after ten years from now and will be in the ratio 13 : 18 after twelve years from now. Find the ratio of the sum of their ages 10 years hence to the sum of their ages 12 ... hence. 1 : 25 : 27 2 : 13 : 15 3 : 14 : 17 4 : 18 : 23 5 : 30 : 31

Last Answer : 5 : 30 : 31

A trader wants to sell a watch at 25% profit. If its cost price was Rs.x more, an extra profit of Rs.50 would be made on it. find x(in Rs.) a)100 b)125 c)150 d)200

Description : A trader wants to sell a watch at 25% profit. If its cost price was Rs.x more, an extra profit of Rs.50 would be made on it. find x(in Rs.) a)100 b)125 c)150 d)200

Last Answer : d)200

The cash difference between the selling price of an article at a profit of 8% and 4% is Rs 3 the ratio of the two selling price is A. 51 : 52 B. 27 : 26 C. 51 : 53 D. 52 : 55

Description : The cash difference between the selling price of an article at a profit of 8% and 4% is Rs 3 the ratio of the two selling price is A. 51 : 52 B. 27 : 26 C. 51 : 53 D. 52 : 55

Last Answer : Answer – B (27:26) Explanation – Let the C.P of the article be Rs. x Then required ratio = 108% of x / 104% of x = 108/104= 27:26

Kannan sells laddu at Rs.30 per kg. A laddu is made up of flour and sugar in the ratio of 5:3. The ratio of price of sugar and flour is 7:3 (per kg). Thus, he earns 67% profit. What is the cost price of sugar?

Description : Kannan sells laddu at Rs.30 per kg. A laddu is made up of flour and sugar in the ratio of 5:3. The ratio of price of sugar and flour is 7:3 (per kg). Thus, he earns 67% profit. What is the cost price of sugar?

Last Answer : Since, the profit is 67, so the selling price will be 167% of the cost price ∴Ratio of selling price to cost price will be 5:3 ∴Cost price of laddu =30*3/5 = 18 Let cost of flour and sugar is 3s and 7s respectively ... )/8=18 15s+21s=144 36s=144 s = 4 ∴Price of sugar = 7s = 7 4 = Rs. 28

Vignesh purchased a TV set for Rs.11, 250 after getting discount of 10% on the labelled price. He spent Rs.150 on transport and Rs.800 on installation. At what price should it be sold so that the profit earned would have been 15% if no discount was offered? a) Rs.11877.50 b) Rs.16367.50 c) Rs.14247.50 d) Rs.15467.50 e) Rs.17567.50

Description : Vignesh purchased a TV set for Rs.11, 250 after getting discount of 10% on the labelled price. He spent Rs.150 on transport and Rs.800 on installation. At what price should it be sold so that the profit earned would have ... a) Rs.11877.50 b) Rs.16367.50 c) Rs.14247.50 d) Rs.15467.50 e) Rs.17567.50

Last Answer : Marked price = 11250 × 10/9 = Rs. 12500 Total cost=12500 + 150 + 800=Rs. 13450 S.P = 13450 × 115/100 = Rs. 15467.50 Answer: d)

The profit made by selling 30 m of a cloth equals the cost price of 6 m of that cloth. find the profit percentage a)25% b)20% c)16 2/3% d)30%

Description : The profit made by selling 30 m of a cloth equals the cost price of 6 m of that cloth. find the profit percentage a)25% b)20% c)16 2/3% d)30%

Last Answer : b)20%