Discussion of Question with ID = 030 under Profit-and-Loss

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Question

3774 items are purchased at a cost of Rs. 17. How many items should be sold for Rs. 17 to make a profit of 11%?

A

3400.

B

3401.

C

3399.

D

3402.

Soln.
Ans: a

The sale price should be 17 × (1 + 11/100), which equals Rs. 1887/100. So, Rs. 1887/100 is the sale price of 3774 items. And, 17 shall be the sale price of $(3774 × 100/1887)$ × 17 = 3400 items.


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