A shopkeeper bought 150 pen drives at the rate of Rs 500 per pen drive He spent Rs 500 on transporta...........

Quantitative Aptitude ( CCS) Profit and loss

A shopkeeper bought 150 pen drives at the rate of Rs. 500 per pen drive. He spent Rs. 500 on transportation and packing. If the marked price of pen drive is Rs. 520 per pen drive and the shopkeeper gives a discount of 5% on the marked price then what will be the percentage profit gained by the shopkeeper?

2.5%

3.5%

3.8%

1.2%

छोटे Courses बड़े Results

Master Profit and loss

Prepare through Micro-courses

Try Now

Explanation:

C.P. of 150 calculators = 150 x 500 = Rs. 75000
Total C.P. = 75000 + 500 = Rs. 75500
Marked price of 150 calculator = 150 x 570 = Rs. 82500
Selling price after discount = 82500 x 95 / 100 = Rs. 78375
percentage profit = [(78375 – 75500) / 75500] x 100 = 3.8%