Kapila bought 100 froks at the rate of Rs. 320 each. Travel expenditure was Rs. 1000. If she changed the price of frok and
make it to Rs. 150 each and labour expenditure was Rs. 500 and she wants to make a profit of 10%, then what will be the
selling price of each frok?
This questions was previously asked in
SSC MTS 18th July 2022 Shift-1
Rs385.45
Incorrect AnswerRs390.80
Incorrect AnswerRs336.50
Incorrect AnswerExplanation:
Let's break it down step by step:
- Kapila bought 100 frocks at Rs. 320 each. So, cost = 100 × 320 = Rs. 32,000
- Travel expenditure = Rs. 1,000
- Labour expenditure = Rs. 500
- Her total cost = 32,000 + 1,000 + 500 = Rs. 33,500
- She wants to make a 10% profit, so:
- Desired profit = 10% of 33,500 = 0.10 × 33,500 = Rs. 3,350
- Total amount to be received = 33,500 + 3,350 = Rs. 36,850
- Selling price per frock = 36,850 ÷ 100 = Rs. 368.50
Option Analysis:
- Option 1: Rs385.45 — Too high
- Option 2: Rs370.15 — Slightly high
- Option 3: Rs390.80 — Too high
- Option 4: Rs336.50 — Too low
- Correct Answer: None of the options exactly match Rs. 368.50, but Option 2 (Rs370.15) is the closest.
Option:2- Rs370.15 is the most relevant.
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By: santosh