CAT 2017 Profit & Loss Question (Medium)

Question

Mayank buys some candies for Rs 15 a dozen and an equal number of different candies for Rs 12 a dozen. He sells all for Rs 16.50 a dozen and makes a profit of Rs 150. How many dozens of candies did he buy altogether ?

Optima Learn · Accepted Answer

Step 1 Let Mayank buy dozens of each type. So total dozens bought Costs - First type Rs 15 per dozen cost - Second type Rs 12 per dozen cost Total cost Selling price All dozens sold at Rs 16.50 dozen SP Profit SP - CP We are told profit Rs 150 Total dozens Wait you asked how many dozens did he buy a

CAT 2017 Profit & Loss — Previous Year Question

CAT 2017

Quantitative

Profit & Loss

Medium

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