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Question

Rohit bought 20 soaps and 12 toothpaste . He marked up the soaps by 15% on the cost price of each and the toothpastes by Rs. 20 on the cost price of each. He sold 75 % of the soaps and 8 toothpastes and made a profit of Rs. 385. If the cost of a toothpaste is 60 %, the cost of a soap and he got no return on unsold items, what was his overall profit or loss ?

A
Loss of Rs. 210
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B
Loss of Rs. 250
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C
Loss of Rs. 355
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D
Gain of Rs. 220
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Solution

The correct option is C Loss of Rs. 355
Let soap C.P. was Rs. 100 each.
Then toothpaste C.P. would be Rs. 60 each.
S.P. of soap =100+15% of 100= Rs. 115 each
S.P. of toothpaste = Rs. 80
By selling 15 soaps and 8 toothpaste, he gain Rs. 385
But due to 5 unsold soap, he lossed =5×100= Rs. 500
4 unsold toothpaste, he lossed =4×60= Rs. 240
His total loss =500+240= Rs. 740
His actual loss =740 385= Rs. 355.

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