Latest MBA Aptitude Question SOLUTION: A shopkeeper sells 120 articles each at a price of Rs.250.to the persons who do not bargain he does not give any discount and makes 50%profit on each article.To those who bargain,h

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(#M40015747) MBA question averages, percentages, profit loss and interest Keep an EYE

A shopkeeper sells 120 articles each at a price of Rs.250.to the persons who do not bargain he does not give any discount and makes 50%profit on each article.To those who bargain,he gives a discount of 20%.If one of the four customers do not bargain,find his profit percentage on selling all 120 articles.

1) 25%
2) 30%
3) 37.5%
4) 27.5%

Asked In MBA (11 years ago)

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Devendra Marghade  (11 years ago)

4) 27.5%
Shopkeeper gets 50% profit on SP(250) of each article So CP=100*250/150=500/3
Therefore CP of 120 article=120*500/3=20000
Article sold without discount=120*1/4=30 their SP=30*250=7500
Article sold with discount=90, their SP=90*250*0.8=18000
Total selling price=7500+18000=25500
% profit=(25500*100/20000)-100=27.5

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Bimal  (11 years ago)

4) 27.5%

CP of each article = 250*100/150 = Rs 500/3
CP of 4 articles = 2000/3
SP of 4 articles = 250+3*350*0.8 = Rs 850

profit on Rs 2000/3= 550/3

% profit = 100*550/2000 = 55/2=27.5 %

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