Gujarati
Hindi
7.Profit and Loss
medium

Kritika bought $25$ $i-$pads and $i-$phones for $Rs.\, 205000.$ She sold $80 \%$ of the $i-$pads and $12$ $i-$phones for a profit of $Rs.\, 40000.$ Each $i-$pad was marked up by $20 \%$ over cost and each $i-$phone was sold at a profit of $Rs.\, 2000.$ The remaining $i-$pads and $3$ $i-$phones could not be sold. What is Kritika's overall profit$/$loss?

A

$Rs.\, 500$ profit

B

$Rs.\, 1000$ loss

C

$Rs.\, 1500$

D

no profit, no loss

Solution

Total number of $i-$phones $=15$

$\therefore$ Total number of $i-$pads $=25-15=10$

Total $C P=R s .205000$

since, Kritika sells $80 \%$ of both goods at a profit of $Rs. 40000,$ therefore, cost of $80 \%$ of the goods

$=0.8 \times 205000=$ $Rs. 164000$

Total amount recovered (or $SP$)

$=$ Rs. $(164000+40000)=$ $Rs. 204000$

Hence, $\operatorname{loss}=$ Rs. $(205000-204000)=$ $Rs. 1000$

Hence, Kritika's overall loss is $Rs. 1000$

Standard 13
Quantitative Aptitude

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