Multiple Choice Questions on Sriram purchased 40 dozen notebooks at Rs 50 per dozen He sold 10 dozens of it at 15 profit and the ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Sriram purchased 40 dozen notebooks at Rs 50 per dozen He sold 10 dozens of it at 15 profit and the ...........

Quant (SSC) Profit and loss
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    Sriram purchased 40 dozen notebooks at Rs. 50 per dozen. He sold 10 dozens of it at 15% profit and the remaining 30 dozens at 25% profit. What is his percentage profit in the whole transaction?

    18.8%

    Incorrect Answer

    20%

    Incorrect Answer

    22.5%

    Correct Answer

    25%

    Incorrect Answer
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    Explanation:

    C.P = 4*50 = 2000
    S.P = 10*50*115 /100 + 30*50*125/100 = 2450
    Profit = 2450- 2000 = 450
    Profit% = 450/2000 * 100 = 22.5%

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