send mail to support@abhimanu.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
By Loging in you agree to Terms of Services and Privacy Policy
Claim your free MCQ
Please specify
Sorry for the inconvenience but we’re performing some maintenance at the moment. Website can be slow during this phase..
Please verify your mobile number
Login not allowed, Please logout from existing browser
Please update your name
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Your Free user account at abhipedia has been created.
Remember, success is a journey, not a destination. Stay motivated and keep moving forward!
Refer & Earn
Enquire Now
My Abhipedia Earning
Kindly Login to view your earning
Support
Type your modal answer and submitt for approval
Directions: Answer the questions based on the information given below.
A textile company manufactures two different types of articles - type 'X' and type 'Y'. For each 'X' type of article, the ratio of cost price to that of marked price is 8 : 15. Percentage by which profit earned on selling an 'X' type of article is 80% more than the discount allowed on the same article. The total revenue generated from selling 600 articles of type 'X' is 75000 Rs. For each 'Y' type of article, the cost price of an article is 70% of the marked price of same article. Ratio between the profit earned on selling 'Y' type of article to that of discount allowed on same article is 2 : 1. The total revenue generated from selling 700 articles of type 'Y' is 126000 Rs.
If all articles of type 'X' had been sold without allowing any discount, then find the profit generated by selling all articles of type 'X'?
36000 Rs.
38000 Rs.
40000 Rs.
42000 Rs
44000 Rs.
Correct option:4
Solution:-
For the 'X' type article, the cost price (CP) to marked price (MP) ratio is 8:15.
CP=8x , MP=15x, SP=y
Profit is 80% more than the discount.So the ratio of profit to discount=180:100=9:5
(y-8x)/(15x-y)=9/5 y=25/2 x SP of 1 article=(25/2) x SP of 600 article=600 * (25/2)x=75000 x=10 that means CP=80 ,SP=125, MP=150 it is given that If all articles of type 'X' had been sold without allowing any discount, The profit generated by selling one articles of type 'X' =150-80=70 The profit generated by selling all articles of type 'X' =70x600=42000 Hence 42000 is the correct answer.
By: Parvesh Mehta ProfileResourcesReport error
Access to prime resources
New Courses