1
Question
A shopkeeper purchased 300 pens and sold one out of four pens at no loss or profit. He sold the remaining pens at a profit of 20 %. What is his overall profit or loss percent on the whole transaction ?
A shopkeeper purchased 300 pens and sold one out of four pens at no loss or profit. He sold the remaining pens at a profit of 20 %. What is his overall profit or loss percent on the whole transaction ?
Open in App
Solution
The correct option is C 15 % profit
Total number of pens =300
Pens sold at no loss no profit =3004 =75
Pens sold at 20 profit = $300 - 75 =225
Let C.P. of one pen =Rs 1
C.P. of 225 pens =Rs 225
Total Profit =20Total S.P. = CP + Profit
Total S.P. =225+45=270
Now, Including the pens sold at no profit and no loss,
Total CP =225+75=300
Total SP =270+75=345
Profit % =45300×100=15%
Hence, option 'A' is correct.
Total number of pens =300
Pens sold at no loss no profit =3004
=75
Pens sold at 20 profit = $300 - 75
Pens sold at 20 profit = $300 - 75
=225
Let C.P. of one pen =Rs 1
C.P. of 225 pens =Rs 225
Total Profit =20
Let C.P. of one pen =Rs 1
C.P. of 225 pens =Rs 225
Total Profit =20
Total S.P. = CP + Profit
Total S.P. =225+45=270
Now, Including the pens sold at no profit and no loss,
Total CP =225+75=300
Total SP =270+75=345
Profit % =45300×100=15%
Hence, option 'A' is correct.
Total S.P. =225+45=270
Now, Including the pens sold at no profit and no loss,
Total CP =225+75=300
Total SP =270+75=345
Profit % =45300×100=15%
Hence, option 'A' is correct.
Suggest Corrections
3
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
