Question

    A trader purchased 132 dozens of mangoes at Rs.475 per dozen and could sell only 125 dozens at Rs.530 per dozen. What is the value of stock of mangoes in hand (in rupees)?

    A 3325 Correct Answer Incorrect Answer
    B 4250 Correct Answer Incorrect Answer
    C 3710 Correct Answer Incorrect Answer
    D 4620 Correct Answer Incorrect Answer

    Solution

    Purchased 132 dozens and sold only 125 dozens stock of mangoes in hand = 132 - 125 = 7 dozens = value per dozens = Rs 475 therefore, values of stock of mangoes in hand = 7 x 475 = 3325

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