Q244
Ranjan purchased 120 tables at a price of Rs. 110 per table. He sold 30 tables at a profit of Rs. 12 per table and 75 tables at a profit of Rs. 14 per table. The remaining tables were sold at a loss of Rs. 7 per table. What is the average profit per table ?
A.
Rs. 10.04
B.
Rs. 10.875
AnswerC.
Rs. 12.80
D.
Rs. 12.875
Answer: Option B
Solution
Answer: Option B
Solution:
Total C.P. = Rs. (120 × 110) = Rs. 13200Total S.P.
= Rs. [(30 × 110 + 30 × 12) + (75 × 110 + 75 × 14) + (15 × 110 - 15 × 7)]
= Rs. 14505