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Numerical Ability
Profit and Loss
a grocer bought 24 kg coffee beans at price x per kg.after a while one third of stock got spoiled so he sold the rest for $200 per kg and made a total profit of twice the cost what must be the price of x ( 1 Marks )
(1) 44.44
(2) 55.55
(3) 66.66
(4) 77.77
Read Solution (Total 12)
-
- Total Cost price = 24×X
As 1/3rd of the beans spoiled, remaining beans are 2/3 (24) = 16 kgs
Selling price = 200 × 16 = 3200
Profit = Selling price - Cost price = 3200 - 24×X
Given Profit = 2 × Cost price
3200 - 24×X = 2 × (24×X)
Solving X = 44.44 - 10 years agoHelpfull: Yes(41) No(1)
- Total Cost price of 24 kg of coffee beans= 24*x
when 1/3rd of the beans were spoiled, remaining beans left= 2/3 (24) = 16 kgs
Selling price of 16 kg beans = 200 × 16 = 3200
gain = Selling price - Cost price = 3200 - 24×X
Given Profit = 2 × Cost price
3200 - 24*x = 2 × (24*x)
Solving x = 44.44
- 10 years agoHelpfull: Yes(3) No(0)
- 66.66
24kg=> 24x
16kg left after spoiled, 16*200=3200 , because (200/kg)
2(24x)=3200
x=66.66 - 8 years agoHelpfull: Yes(2) No(0)
- ans =48days
abe maheshwari kuchh achha question hi puchh lete :) :) - 10 years agoHelpfull: Yes(1) No(9)
- dinesh kumar your ans is wrong
- 9 years agoHelpfull: Yes(1) No(0)
- (3) 66.66 x=200*16/(24*2).
- 9 years agoHelpfull: Yes(1) No(0)
- CP=24X
SINCE (1/3) OF 24 =8 GOT SPOILED THEN THE REMAINING WILL BE 24-8=16
THEREFORE THE SP=16*200=3200
ATF
SP-CP=PROFIT
THEREFORE 3200-24X=48X(SINCE THE PROFIT IS TWICE THE CP)
X=44.44% - 9 years agoHelpfull: Yes(1) No(0)
- ans =48days
abe maheshwari kuchh achha question hi puchh lete :) :) - 10 years agoHelpfull: Yes(0) No(5)
- 1600/48=66.66
- 9 years agoHelpfull: Yes(0) No(1)
- Total Cost price = 24×X
As 1/3rd of the beans spoiled, remaining beans are 2/3 (24) = 16 kgs
Selling price = 200 × 16 = 3200
Profit = Selling price - Cost price = 3200 - 24×X
Given Profit = 2 × Cost price
3200 - 24×X = 2 × (24×X)
Solving X = 44.44
- 9 years agoHelpfull: Yes(0) No(0)
- as the cost price is x/kg
so cp of 24 kg be 24x
now as 1/3 got spoiled so
remaining is = 16 kg
so the cp of 16 kg = 16x
now sp = 16*200
so, 16*200 - 16x = 2(16x)
solving we get x = 66.66
- 9 years agoHelpfull: Yes(0) No(2)
- 24kg=x/kg
16kg=200/kg
so SP= 3200
Our formula is gain=sp-cp
gain is 1600 sp is 3200
-1600=24x
x=66.66 - 4 years agoHelpfull: Yes(0) No(1)
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