Multiple choice

A mobile retailer sells three smartphones in a day—Brand A, Brand B, and Brand C. The total cost price of the three phones is Rs. 80,000. The retailer earns profit (on cost price) at the following rates: Brand A: 12%, Brand B: 6% and Brand C: 9%. The cost price of Brand B phone is half the cost price of the Brand C phone. If the total profit for the day is Rs. 7,200, then the profit earned from the Brand B phone (in Rs.) is:

  1. 600

  2. 800

  3. 1060

  4. 1200

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

Let C_B = x, then C_C = 2x. C_A + x + 2x = 80000 => C_A = 80000 - 3x. Profit = 0.12(80000-3x) + 0.06x + 0.09(2x) = 7200. 9600 - 0.36x + 0.06x + 0.18x = 7200. 2400 = 0.12x => x = 20000. Profit from B = 0.06 * 20000 = 1200.

AI explanation

Let the cost price of Brand B be x, so the cost price of Brand C is 2x, making the cost price of Brand A 80000 minus 3x. Using the profit rates, the total profit equation is 12% of 80000 minus 3x plus 6% of x plus 9% of 2x equals 7200. This simplifies to 9600 minus 0.36x plus 0.06x plus 0.18x equals 7200, which gives 0.12x equals 2400, so x equals 20000. The profit earned from Brand B is 6% of its Rs. 20000 cost price, which equals Rs. 1200.