Multiple choice

A vendor bought 12 toffees for Rs. 10. Find the total selling price at the profit of 10.5%.

  1. Rs. 11.50

  2. Rs. 11.00

  3. Rs. 11.05

  4. Rs. 12.00

  5. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

CP of 12 toffees = Rs.10,

CP of 1 toffee = Rs. 10/12 = Rs. 5/6,

Because profit = 10.5%,

S.P. of 1 toffee = CP (100 + profit%)/100,

= 5(100 + 10.5)/(6 x 100),

= 221/240,

Now, total SP of 12 toffees = (221/240) x 12 = Rs. 11.05.

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