Multiple choice

Raghuvir purchased 10 calculators and 16 watches for Rs. 56100 and sold them so as to earn an overall profit of 20%. At what total price should he sell 15 calculators and 24 watches together so as to earn the same percent profit?

  1. Rs. 100980

  2. Rs. 116176

  3. Rs. 121176

  4. Rs. 100660

  5. Rs. 124132
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Total cost = 56100. Profit = 20%, so total selling price = 56100 * 1.2 = 67320. The second set (15 calculators and 24 watches) is exactly 1.5 times the first set (10 calculators and 16 watches). Selling price = 67320 * 1.5 = 100980.

AI explanation

The required quantity of 15 calculators and 24 watches is exactly 1.5 times the purchased quantity of 10 calculators and 16 watches. Their cost price will be 1.5 * 56100 = Rs. 84150. To earn a 20 percent profit, the selling price is 84150 * 1.20, which equals Rs. 100980.

Keep practicing — related questions