Hemant sold $10$ sarees for a total profit of ₹ $460$ and $12$ sarees for a total profit of ₹ $144$. At what profit per saree should he sell the remaining $20$ sarees so that he gets an average profit of ₹ $18$ per saree?
Aptitude
Profit and Loss
Difficulty: Medium
Choose an option
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A₹ 7.40
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B₹ 7.60
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C₹ 7.80
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D₹ 8
Answer
Correct Answer: ₹ 7.60
Explanation
### Concept & Target Average
To achieve a specific average profit across multiple items, the sum of all profits must equal the target average multiplied by the total number of items.
$$\text{Total Target Profit} = \text{Total Quantity} \times \text{Target Average Profit}$$
### Step-by-Step Solution
* **Total number of sarees:** $10 + 12 + 20 = 42 \text{ sarees}$.
* **Target overall profit:** $42 \text{ sarees} \times \text{₹ } 18/\text{saree} = \text{₹ } 756$.
* **Profit already earned:** Profit from first 10 + Profit from next 12 = $460 + 144 = \text{₹ } 604$.
* **Required profit from remaining 20 sarees:** $\text{Target Profit} - \text{Profit already earned} = 756 - 604 = \text{₹ } 152$.
* **Required profit per saree for the remaining batch:** $\frac{\text{₹ } 152}{20 \text{ sarees}} = \text{₹ } 7.60$.
### Exam Strategy & Shortcut
You can also use the method of deviations from the mean.
Target mean = $18$.
Batch 1 (10 items): average profit = $460/10 = 46$ (deviation = $+28$). Total deviation = $+280$.
Batch 2 (12 items): average profit = $144/12 = 12$ (deviation = $-6$). Total deviation = $-72$.
Net deviation so far = $280 - 72 = +208$.
To balance to 0, the remaining 20 items must have a deviation of $-208$.
Deviation per item = $-208 / 20 = -10.4$.
Required profit per item = $18 - 10.4 = 7.60$.
### Common Pitfall
Misreading "total profit" as "profit per saree" for the first two batches. Ensure you note whether a value represents an aggregate or a per-unit metric.
### Final Answer
Therefore, the correct answer is **₹ 7.60**.