Quantitative Aptitude Ques 1086

Question: A publisher sells copies of books to a retail dealer at Rs. 5 per copy but allows 25 copies to be counted as 24. If the retailer sells each of the 25 copies at Rs. 6, his profit % is [FCI (Assistant) Grade III 2015]

Options:

A) 20%

B) 24%

C) 25%

D) 40%

Show Answer

Answer:

Correct Answer: C

Solution:

  • [c] Here, cost price of retailer $ =24\times 5=Rs.,120 $ Selling price of retailer $ =25\times 6=Rs.,150 $ Profit $ =150-120=Rs.,30 $
    $ \therefore $ Profit percentage $ =\frac{30}{120}\times 100=25 $ %
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