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NIFT PG 2008 Question Paper with solutions
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© examsnet.com
Question : 19
Total: 100
A shopkeeper bought 150 calculators at the rate of Rs. 250 per calcutator. He spent Rs. 2500 on transportation and packing. If the marked price of the calculator is Rs. 320 per calculator and the shopkeeper gives a discount of 5% on the marked price, then what will be the percentage profit agained by the shopkeeper?
20%
14%
15%
None of these
Validate
Solution:
C.P. of 150 calculators
=
150
×
R
s
.250
=
Rs
.37
,
500
Other expenses
=
Rs
.2500
Since, net C.P. of 150 calculators
=
37500
+
2500
=
Rs
.40
,
000
Hence, net C.P. of one calculator
=
40
,
000
150
Rs
.
800
3
S.P. of one calculator
=
320
−
5
100
×
320
=
Rs
.304
Profit for one calculator
=
304
−
800
3
=
Rs
.
112
3
Now, profit %
=
112
3
×
3
800
×
100
=
14
%
© examsnet.com
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