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A trader purchased 132 dozens of mangoes at Rs. 475 per dozen and could sell only 125 dozens at Rs. 530 per dozen. What is the value of stock of mangoes in hand (in rupees)?

A trader purchased 132 dozens of mangoes at Rs. 475 per dozen and could sell only 125 dozens at Rs. 530 per dozen. What is the value of stock of mangoes in hand (in rupees)? Correct Answer 3325

Given:

Purchased 132 dozens of mangoes at Rs. 475

Sold only 125 dozens at Rs. 530 per dozen

Calculation:

Purchased 132 dozens and Sold only 125 dozens

⇒ Stock of mangoes in hand = 132 - 125 = 7 dozens

⇒ Value per dozen = Rs. 475

∴ Value of Sock of mangoes in hand = 7 × 475 = 3325

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