Ranjan purchased 120 tables at a price of Rs. 110 per table. He sold 30 tables at a profit of Rs. 12 per table and 75 tables at a profit of Rs. 14 per table. The remaining tables were sold at a loss of Rs. 7 per table. What is the average profit per table ?

A. Rs. 10.04

B. Rs. 10.875

C. Rs. 12.80

D. Rs. 12.875

Answer: Option B

Solution(By Examveda Team)

Total C.P. = Rs. (120 × 110) = Rs. 13200
Total S.P.
= Rs. [(30 × 110 + 30 × 12) + (75 × 110 + 75 × 14) + (15 × 110 - 15 × 7)]
= Rs. 14505
$$\eqalign{ & {\text{Average profit }} \cr & {\text{ = Rs}}{\text{.}}\left( {\frac{{14505 - 13200}}{{120}}} \right) \cr & = {\text{Rs}}.\frac{{1305}}{{120}} \cr & = {\text{Rs}}.10.875 \cr} $$