A shopkeeper buys a product of Rs 150 per Kg 15 of product was damaged At what price per Kg should h...........

Quantitative Aptitude (CGL) Profit and loss

A shopkeeper buys a product of Rs 150 per Kg. 15% of product was damaged. At what price (per Kg) should he sell the remaining so as to earn a profit of 20%?

Rs.218 13/17

Rs.207 13/17

Rs.225 13/17

Rs.211 13/17

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Explanation:

15%=(3→Damaged quantity)/(20→Let total quantity)
C.P = 20×150 = Rs. 3000
Money get at 20% profit
=3000×120/100=3600
SP =3600/(20−3)=3600/17
= RS.211 13/17