Question

    Sara sold 30 scarves at a profit of 25%. If she had sold all the scarves for Rs. 3000 more, her overall profit would have been 50%. What is the selling price of 20 scarves at 35% profit?

    A Rs. 16200 Correct Answer Incorrect Answer
    B Rs. 10800 Correct Answer Incorrect Answer
    C Rs. 14400 Correct Answer Incorrect Answer
    D Rs. 12000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the cost price of each scarf be Rs. s.   Initial selling price of all scarves = 1.25 × 30 × s = Rs. 37.5s   According to the question, 37.5s + 3000 = 1.5 × 30s Or, 45s - 37.5s = 3000 Or, 7.5s = 3000 Or, s = 400 Therefore, the selling price of 20 scarves at 35% profit = 20 × 1.35s = Rs. 10800

    Practice Next

    Relevant for Exams: