Profit and loss

Quantitative Aptitude (MTS)

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A shopkeeper purchase 12 balloons for Rs. 10 and sells them at 10 balloons for Rs. 12. Thus, he earns a profit of

35%

36%

44%

45%

Explanation:

C.P of 12 balloons = 10
C.P of 1 balloon = 10/12 = 5/6
S.P of 10 balloons = 12
S.P of 1 balloon = 12/10 = 6/5
Profit = S.P - C.P
= 6/5 - 5/6
= (36 - 25)/30
= 11/30
Profit % = ( Profit/C.P ) × 100
= {(11/30)/(5/6)} × 100
= (11/30) × (6/5) × 100
= 44%

Hence, option 3 is the correct answer.

By: Amit Kumar

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