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SNAP 2024 Profit & Loss — Previous Year Question

Paper

SNAP 2024

Section

Quantitative

Topic

Profit & Loss

Difficulty

Medium

Question

SNAP 2024

A manufacturer makes 1500 articles at the cost of 120 paisa per article. He fixed the selling price such that if only 1200 articles were sold, he makes 80% profit in outlay. However 240 articles got spoilt and he was able to sell remaining stock at this price. Find the actual profit percentage as a percentage of total outlay.

84

82

89

86

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