Multiple choice

‘X’ is a bread seller who marked up price of each bread packet by 150% above and allow discounts of 40% and made a profit of Rs. 30 on each bread packet. If ‘X’ allows 37.5% discount on each packet, then find how much profit he gets on selling 80 bread packets?

  1. 2750

  2. 3200

  3. 2700

  4. 2500

  5. 2400

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Markup 150% means SP = 2.5 * CP. After 40% discount: actual SP = 0.6 * 2.5 * CP = 1.5 * CP. Profit = 0.5 * CP = 30, so CP = 60. New discount 37.5%: SP = 0.625 * 2.5 * 60 = 93.75. Profit per packet = 33.75. For 80 packets: 33.75 * 80 = 2700. Answer C is correct.