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Business Studies

Benefits and Disadvantages of Statutory Corporation

A shop sells ...

Question

A shop sells 1 litre of packaged water for ₹12. How much should a person pay the shopkeeper if he/she buys 25 litres of packaged water?

A

₹550

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B

₹120

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C

₹300

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D

₹800

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Solution

The correct option is C ₹300
Price of 1 litre = ₹12
Price of 25 litres = ₹12 x 25
Let’s do it using the box method.

Adding the numbers, we have,
200 + 50 + 40 + 10 = 300
Therefore, the buyer paid the shopkeeper ₹300.

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