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A shopkeeper purchased 50 dozen cups for Rs.3000. Out of these, 60 cups were broken and could not be sold. At what rate per dozen should he sell the remaining cups to make a profit of 20%?
Rs.60
Rs.75
Rs.80
Rs.90
- The shopkeeper buys 50 dozen cups for Rs. 3000. So, cost per dozen = Rs. 3000/50 = Rs. 60.
- 60 cups break. This means 60 cups out of 600 are wasted, leaving 540 cups.
- These 540 cups equal 45 dozen (since 540/12 = 45).
- To achieve a 20% profit, the shopkeeper aims for a total selling price of Rs. 3000 + (20% of 3000) = Rs. 3600.
- Thus, selling price per dozen = Rs. 3600/45 = Rs. 80.
- Therefore, option 3: Rs. 80 is the correct rate per dozen.
- Options 1, 2, and 4 do not meet the necessary profit margin of 20%.
By: Parvesh Mehta ProfileResourcesReport error
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