IBM Company Numerical Ability Profit and Loss

It cost a college Rs.0.70 a copy to produce a Program for the homecoming football game. If Rs.15,000/- was received for advertisements in the program, how many copies at Rs.0.50 a copy must be sold to make a profit of Rs.8000/- ?

Read Solution (Total 2)

35000
no of copies=x
.7*x+8000=15000+0.5*x
11 years agoHelpfull: Yes(4) No(2)

Copy is sold at loss =0.70-0.50=0.20
Even then a profit of 8000 is made.
Let N be no. of copies.
Therefore,
(N*0.2)+8000=15000
N*0.20=7000
N=35000
So 35000 copies sold
9 years agoHelpfull: Yes(4) No(1)

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