A man bought apples at the rate of 8 for ₹ 34 and sold them at the rate of 12 for ₹ 57. How many apples should be sold to earn a net profit of ₹ 45?
Aptitude
Profit and Loss
Difficulty: Medium
Choose an option
-
A90
-
B100
-
C135
-
D150
Answer
Correct Answer: 90
Explanation
### Concept & Unitary Method
When dealing with bulk buying and selling rates, the most straightforward approach is to calculate the Cost Price (CP) and Selling Price (SP) of a single item. The profit on one item can then be scaled up to meet the total required profit.
$$ \text{Total Required Quantity} = \frac{\text{Total Target Profit}}{\text{Profit per Item}} $$
### Step-by-Step Solution
1. **Find CP of 1 apple:**
He buys 8 apples for ₹ 34.
$$ \text{CP of 1 apple} = \frac{34}{8} = \text{₹ } 4.25 $$
2. **Find SP of 1 apple:**
He sells 12 apples for ₹ 57.
$$ \text{SP of 1 apple} = \frac{57}{12} = \text{₹ } 4.75 $$
3. **Find Profit on 1 apple:**
$$ \text{Profit on 1 apple} = \text{SP} - \text{CP} = 4.75 - 4.25 = \text{₹ } 0.50 $$
4. **Find the number of apples needed for ₹ 45 profit:**
$$ \text{Number of apples} = \frac{\text{Total Target Profit}}{\text{Profit on 1 apple}} $$
$$ \text{Number of apples} = \frac{45}{0.50} $$
$$ \text{Number of apples} = 90 $$
### Exam Strategy & Shortcut
Instead of decimals, use LCM to equate the number of apples bought and sold. LCM of 8 and 12 is 24.
Buy 24 apples: $34 \times 3 = \text{₹ } 102$.
Sell 24 apples: $57 \times 2 = \text{₹ } 114$.
Profit on 24 apples = $114 - 102 = \text{₹ } 12$.
To get ₹ 12 profit, he sells 24 apples.
To get ₹ 45 profit, he sells: $(24 / 12) \times 45 = 2 \times 45 = 90$ apples.
### Common Pitfall
Getting lost in decimal calculations ($34/8$ or $57/12$) can lead to arithmetic errors. If the decimals look messy, immediately switch to the LCM method to keep numbers whole.
### Final Answer
Therefore, the correct answer is **90**.