Profit & Loss Mcqs

Q.  Ramees bought 4 dozen apples at Rs. 12 per dozen and 2 dozen apples at Rs. 16 per dozen. He sold all of them to earn 20%. At what price per dozen did he sell the apples?

a. Rs. 14.40
b. Rs. 16.00
c. Rs. 16.80
d. Rs. 19.20


ANSWER: See Answer
 
6 dozen apples = Rs. (12 × 4 + 16 × 2) = Rs. 80

Gain = 20%

S.P = Rs. (120/100 × 80) = Rs. 96

Per dozen = Rs. (96/6) = Rs. 16
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