Profit and loss

Quantitative Aptitude(IBPS RRB PO)

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If watches bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs. 425. What is the greatest possible profit that might be made in selling nine watches ?

1800

2025

3000

3050

Explanation:

Profit would be maximum if watches are brought for Rs. 200 and sold for Rs. 425
Profit = Rs. (425 - 200) = Rs. 225
Profit of 9 watches = Rs. 225 x 9 = Rs.2,025.

Hence, option 2 is the correct answer.

By: Amit Kumar

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