Aptitude Problem on Profit & Loss
Ramu buys 3 dozen tomatoes for Rs. 360. He buys carry bags to take them to his shop. Only one dozen can be filled into a carry bag and cost of each carry bag is Rs.10. He then sells the tomatoes along with carry bags for a cost of 200 per dozen. What is his profit percentage.
a. 53.84%
b. 60%
c. 56.67%
d. 63.84%
e. 72%
Answer : a. 53.84%
Cost of 3 dozens of tomatoes is Rs. 360
Cost of 1 carry bag = Rs. 10. Therefore, three of them cost Rs. 30
Overall CP of tomatoes = 360 + 30 = Rs. 390
SP of each dozen of tomatoes = Rs. 200
Therefore SP of three dozens = 600
Profit percentage = (SP - CP) / CP x 100% = (600 - 390)/390 x 100% = 210/390x 100% = 2100/39 % = 53.84%
Ramu buys 3 dozen tomatoes for Rs. 360. He buys carry bags to take them to his shop. Only one dozen can be filled into a carry bag and cost of each carry bag is Rs.10. He then sells the tomatoes along with carry bags for a cost of 200 per dozen. What is his profit percentage.
a. 53.84%
b. 60%
c. 56.67%
d. 63.84%
e. 72%
Answer : a. 53.84%
Cost of 3 dozens of tomatoes is Rs. 360
Cost of 1 carry bag = Rs. 10. Therefore, three of them cost Rs. 30
Overall CP of tomatoes = 360 + 30 = Rs. 390
SP of each dozen of tomatoes = Rs. 200
Therefore SP of three dozens = 600
Profit percentage = (SP - CP) / CP x 100% = (600 - 390)/390 x 100% = 210/390x 100% = 2100/39 % = 53.84%
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