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LIC AAO Prelims PYP >> Feb 17, 2023 Shift 1 >> Quantitative Aptitude

Question :

Vaibhav bought 80 articles at Rs.12 each. If he can sell 50 articles at Rs.15 each and the remaining articles at Rs.9 each, then what is the overall profit percent earned by Vaibhav?

1. 6.25%

2. 8%

3. 7.5%

4. 9%

5. 12.5%

Correct Answer : 1
Solution :

CP of 80 articles = 80 * 12 = Rs.960

SP of 50 articles = 50 * 15 = Rs.750

SP of remaining 30 articles = 30 * 9 = Rs.270

SP of total 80 articles = 750 + 270 = Rs.1020

Profit amount = 1020 - 960 = Rs.60

Profit percent = (60/960) * 100

= 6.25%

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LIC AAO Prelims PYP 17th Feb 2023 Shift 1

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