Bissoy.com
Doctors Medicines MCQs Q&A

A wholesaler bought 1200 pens for TK 18 each . He sold 60% of the pens for TK. 30 each and remaining for TK. 15 each. What was his average profit per pen ?

A wholesaler bought 1200 pens for TK 18 each . He sold 60% of the pens for TK. 30 each and remaining for TK. 15 each. What was his average profit per pen ? Correct Answer TK. 6

Total cost = 1200×18 = 21600 TK. Revenue from 60% pens = (60% of 1200)×30 = 720×30 = 21600 TK Revenue from the rest of pens (40%) = (40% of 1200)×15 = 7200 TK Total revenue = 21600 + 7200 = 28800 TK Profit = 28800 - 21600 = 7200 TK. Profit per pen = 7200/1200 = 6 TK

Related Questions

The following question has three statements. Study the question and the statements and decide which of the statement(s) is necessary to answer the question. A stationary store had blue, black and red pens in the ratio 9 ∶ 8 ∶ 1. How many total pens did the store had? I. If 200 blue pens and 100 black pens were sold, the ratio becomes 5 ∶ 6 ∶ 1. II. If 50 blue and 50 red pens were bought, the ratio becomes 5 ∶ 4 ∶ 1. III. If 50 black pens were sold and 100 red pens were bought, the ratio becomes 9 ∶ 7 ∶ 3.
A shopkeeper purchased 90 pens and the cost price of each pen is Rs. 10 and he sold it in two parts, the first part at 20% profit and sold the second part at 10% profit. If he sold all 90 pens at a certain price and got a 15% profit. If the profit earns in the second condition is more than the first condition and the difference in profits from both the conditions is Rs. 40. Find how many pens were sold at 20% profit.
At a stationary shop, it costs Tk. 185 for 4 gel-pen, 8 ball -point pens and 1 marker pen and Tk. 315 for 7 gel-pens, 15 ball point pens and 1 marker pen. What would be the cost of 1 gel-pen, 1 ball -point pen and 1 marker pen?
A wholesaler bought 1200 radios for Tk. 18 each. The wholesaler sold 60 percent of the radios for Tk. 30 each and the rest for Tk. 15 each. What is the wholesaler's average (arithmetic mean) profit per radio?
A wholesaler bought walnuts and peanuts, the price of walnut per kg being thrice that of peanut per kg. He then sold 8 kg of peanuts at a profit of 10% and 16 kg of walnuts at a profit of 20% to a shopkeeper. However, the shopkeeper lost 5 kg of walnuts and 3 kg of peanuts in transit. He then mixed the remaining nuts and sold the mixture at Rs. 166 per kg, thus making an overall profit of 25%. At what price, in Rs. per kg, did the wholesaler buy the walnuts?
A pen company produces very fine quality of writing pens. Company knows that on average 10% of the produced pens are always defective so are rejected before packing. Company promises to deliver 7200 pens to its wholesaler at Rs. 10 each. It estimates the overall profit on all the manufactured pens to be 25%. What is the manufactured cost of each pen?
In the following question, two statements are numbered as A and B. On solving these statements we get quantities A and B respectively. Solve for the both quantities and choose the correct option. Quantity A: A fruit seller sold 40% of his apples at a price of Rs. 80 per kg. Then he sold 30% of the remaining apples at a price of Rs. 100 per kg. Later, he sold 75% of the remaining apples for Rs. 120 per kg, and further remaining apples at Rs. 60 per kg. If he earned a total of Rs. 11762.50 from selling all his apples, how many apples did he have? Quantity B: 20% of the fruits in a shop are apples, while 40% of the remaining fruits are bananas. Also, 50% of the remaining fruits are mangoes. If the remaining fruits are 16 kg of pineapples and 20 kg of grapes, how many kg fruits are there in the shop?
Seven friends, Anil, Sunil, Rohit, Puja, Shalini, Pradhi and Gaurav bought seven cars during a week but each one bought their cars on a different day of the week. Each of them also bought a different brand of car. The brands are: Maruti, Honda, Toyota, Renault, Tata, Mahindra and Hyundai. Consider the week stated on a Monday and ended on the following Sunday. The following information are known: Rohit bought a Hyundai on Monday On Sunday, one of them bought a Renault. Shalini bought her car just the day after Anil and just the day before Gaurav Anil bought a Mahindra car Puja bought a Tata car on Friday Sunil did not buy either a Toyota or a Renault Gaurav bought a Maruti On which day did Shalini buy her car and what was the brand of her car?
A wholesaler bought 1,200 radios for Tk. 18 each .The wholesaler sold 60 percent of the radios for Tk. 30 each and the rest for Tk. 15 each . what was the wholesaler's average profit per radio?
A man purchased a pen and a book. He sold the book at 10% loss and the pen at 20% profit thereby making no profit and no loss during the whole transaction. If he sold the book at 5% profit and the pen at 20% profit, he will get a profit of Rs.60. Find the cost price of the pen?