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    Question

    A shopkeeper bought 80 identical books priced at

    Rs. 320 each. He spent a total of Rs. 3600 on transportation and packaging. He put the label of marked price of Rs. 500 on each book. He offered a discount of 19% on each book at the marked price. What is the total profit of the shopkeeper in the whole transcation?
    A Rs. 3020 Correct Answer Incorrect Answer
    B Rs. 3212 Correct Answer Incorrect Answer
    C Rs. 3220 Correct Answer Incorrect Answer
    D Rs. 3200 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Total actual cost = (80 x 320 + 3600) = (25600 + 3600) = Rs. 29200 Discount on MRP = 19% SP of each book = 500 x 81/100 = Rs. 405 SP 80 book = 80 x 405= Rs. 32400 Profit = 32400 – 29200 = Rs. 3200

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