Multiple choice

X of Kolkata sends out $1,000$ bags to Y of Delhi costing Rs. $2,000$ each. $600$ bags were sold at $10\%$ above cost price. Sales value will be ___________.

  1. Rs. $13,20,000$
  2. Rs. $13,00,000$
  3. Rs. $12,00,000$
  4. Rs. $13,50,000$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Cost price per bag = 2000. Selling price per bag = 2000 * 1.10 = 2200. Number of bags sold = 600. Total sales value = 600 * 2200 = 1,320,000.

AI explanation

The total cost price of the 600 sold bags is 600 multiplied by Rs. 2000, which equals Rs. 12,00,000. A 10 percent profit on this cost price is calculated as 10 percent of 12,00,000, resulting in Rs. 1,20,000. Adding this profit to the cost price yields the total sales value of Rs. 13,20,000.