Multiple choice

Manish bought a combined total of 25 monitors and printers. He marked up the monitors by 20% on the cost price, while each printer was marked up by Rs 2000. He was able to sell 75% of the monitors and 2 printers and make a profit of Rs 49,000. The remaining monitors and 3 printers could not be sold by him. Find his overall profit or loss if he gets no return on unsold items and it is known that a printer costs 50% of a monitor.

  1. Loss of Rs 48,500

  2. Loss of 21,000

  3. Loss of Rs 41,000

  4. Inadequate data
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A Correct answer
AI explanation

Assuming the number of monitors is 20 and the number of printers is 5, let the cost price of a monitor be m and the cost price of a printer be 0.5m. He sold 15 monitors at a 20% profit, giving 15 * 0.2m = 3m, and he sold 2 printers at Rs. 2000 profit each, giving Rs. 4000, so 3m + 4000 = 49000, which means m = 15000. The total cost price is (20 * 15000) + (5 * 7500) = 337500, and the total revenue is (15 * 18000) + (2 * 9500) = 289000. The overall loss is 337500 - 289000 = 48500.

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