Syntel Company Numerical Ability Profit and Loss

Sam buys 10 apples for $1. At what price should he sell a dozen apples if he wishes to make a profit of 25%?

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The cost price of 1 apple = 1/10th of a dollar or $0.10.
As Sam wishes to make a profit of 25%, his selling price per apple will be 0.10 + 25% of 0.10 = $0.125.

If the selling price of 1 apple is $0.125, then the selling price of a dozen apples = 12 * 0.125

= $1.5
10 years agoHelpfull: Yes(1) No(0)

Syntel Other Question

By selling an article at 80% of its marked price, a merchant makes a loss of 12%. What will be the % profit made by the merchant if he sells the article at 95% of its marked price? One man,3 women and 4 boys can do a piece of work in 96hrs, 2 men and 8 boys can do it in 80 hrs, 2 men & 3 women can do it in 120hr. 5Men and 12 boys can do it in ?
(A) 39 1/11 hrs (B) 42 7/11 hrs ( C) 43 7/11 days (D) 44hrs