New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    A Publisher published 2500 books for Rs. 175000. He gave 400 books free as samples to some books shops, besides he was able to sell 2/3rd of the remaining books at 15% discount, besides the remaining books for marked price. Find the Profit % of the publisher if he gives 20% discount of the total selling price to the salesman, if marked price of each Book is Rs. 200.        

    A 66.66% Correct Answer Incorrect Answer
    B 72.8% Correct Answer Incorrect Answer
    C 56.8% Correct Answer Incorrect Answer
    D 82.4% Correct Answer Incorrect Answer
    E 42.8% Correct Answer Incorrect Answer

    Solution

    Cost Price = 175000 Books = 2500 Less (Free samples) = 400 Remaining Books = 2100 2/3rd of 2100 = 1400 books Selling Price of One book after discount = 200 – Discount (15%) = 200 – 30 = 170 Selling Price = 1400 × 170 + 700 × 200 = 238000 + 140000 = 378000 Actual Selling Price = 378000 × 4/5 = 302400  Profit = Selling Price – Cost Price = 302400 – 175000 = 127400 Profit % = (127400/175000) × 100 = 72.8%

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