A person purchased 10 dozen pens at the rate of Rs. 4 per dozen. On checking, he found that 20 pens were not working. In order to earn 25% profit, he should sell the remaining pens each at -
A. 40 paise
B. 44 paise
C. 50 paise
D. 55 paise
Answer: Option C
Solution(By Examveda Team)
Total C.P. of (10 × 12) i.e.,120 pens = Rs. (4 × 10) = Rs. 40
Number of working pens
= (120 - 20) = 100
Total selling price of 100 pens
$$\eqalign{ & = {\text{Rs}}{\text{.}}\left( {\frac{{125}}{{100}} \times 40} \right) \cr & = {\text{Rs}}{\text{. }}50. \cr & \therefore {\text{S}}{\text{.P}}{\text{.of each pen}} \cr & = {\text{Rs}}.\left( {\frac{{50}}{{100}}} \right) \cr & = {\text{50 paise}}{\text{}} \cr} $$
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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