Teenagers shoe company sells the shoes whose prices i.e.,cost price and selling price are the multiples of either 13,14,15,16,17,18 or 19, starting from Rs. 399 to Rs.699 (i.e, 399 <_ CP/SP <_ 699). What can be the maximum profit of the company?

Rs. 292
Rs. 398
Rs. 298
Rs. 300

Correct Answer: Rs. 298

Explanation:

The maximum possible profit = maximum possible difference in SP and CP.
It means SP be maximum and CP be minimum
CP (min) = Rs. 399
19 x m = 399, where m is an integer.
Again SP (max) = Rs. 697, which is very close to 699
Here 697 = 17 k, k is a positive integer.
So, the maximum profit = 697 - 399 = Rs. 298

← Previous Question Next Question→

More Questions from Profit and Loss

In the Bargain Bazar everyone purchase with a fair bargaining, so the traders markup the prices too much. A trader marked up an article at Rs. M expected huge profit if it is sold on the marked price. But a customer purchased it at M/2 with his fine bargaining skills, so the expected profit of the trader diminished by 66.66%. What is the percentage discount fetched by the customer through bargaining?
Jhun Jhunwala makes 1000 toys and incurs a cost of Rs. 1.2 for each toy. He marks-up the price in such a way that if he sells only 70% of manufactured toys he will realize 16.66% overall profit. He sells only 750 articles at the marked price since rest of the toys are found to be defective so can't be sold. What is the net profit or loss of Jhun Jhunwala?
Anupam sells a painting to Bhargava at 4/5 th the rate of profit at which Bhargava sells it to Chaudhary. Further Chaudhary sells it to Dara Singh at half the rate of profit at which Anupam sold it to Bhargava. If Chaudhary earns a profit of 10% by selling it to Dara Singh for Rs. 2805. What is the cost price of painting from Bhargava?
Rotomac produces very fine quality of writing pens. Company knows that on average 10% of the produced pens are always defective so are rejected before packing. Company promises to deliver 7200 pens to its wholesaler at Rs. 10 each. It estimates the overall profit on all the manufactured pens to be 25%. What is the manufacturing cost of each pen?
Prathiba printers prepares diaries expecting to earn a profit of 40% by selling on the marked price. But during transportation 8% diaries were got spoiled due to at random rain and 32% could be sold only at 75% of the cost price. Thus the remaining 60% diaries could be sold at the expected price. What is the net profit or loss in the whole consignment?
Radhey Lal markup the prices of sweets by 40% and he sold only 40% of those at this price. He sells half of the rest at 14 2/ 4% discount and rest at 25% discount. What is the net profit of Radhey Lal?
A trader marks up his goods by 80% and gives discount of 25%. Besides it he weighs 10% less amount while selling his goods. What is the net profit of trader?
A dishonest dealer purchases goods at 20% discount of the cost price of Rs. x and also cheats his wholesaler by getting 20% extra through false weighing, per kg. Then he marks up his goods by 80% of x, but he gives a discount of 25% besides he cheats his customer by weighing 10% less than the required. What is his overall profit percentage?
A merchant buys p apples for ₹ q and sells q apples for ₹ p. If p < q, then in the whole outlay, he makes.
An article passing through two hands is sold at a profit of 40% at the original cost price. If the 1st dealer makes a profit of 20%, then the profit per cent made by the second is

Discussion & Comments

No comments yet. Be the first to comment!

Join Discussion