A tea seller prepares and sells 150 tea cups every day. The total cost incurred on preparing 150 cup

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05 Aug 2020 Profit & Loss

A tea seller prepares and sells 150 tea cups every day. The total cost incurred on preparing 150 cups of team without any profit or loss is Rs 1275, he sells each cup of tea at Rs 10.

One day while preparing tea, unfortunately, 5 cups of tea get spilled while boiling.
How much is his profit or loss percentage for that day?

OPtion

1) Profit 13.17
2) Profit 12.75
3) Loss 13.73
4) Loss 12.75
5) Profit 13.13
6) Profit 13.87
7) Loss 13.13
8) Loss 13.87
9) Profit 13.73
10) None of these

Solution

CP of 150 Cups = 1275
SP of 150 Cups = 1500
SP of 145 Cups of tea = 1450

Profit = 1450 - 1275 = Rs 175
Profit % = (175/1275) = ~13.73%

Correct Option: 9 Best Solution (0)