(A) Total Cost Price $(C.P.)$ = (Cost of paper) + (Transportation) + (Octroi) + (Porter charges)$C.P. = (120 \times 80) + 280 + (120 \times 0.40) + 72

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

(A) Total Cost Price $(C.P.)$ = (Cost of paper) + (Transportation) + (Octroi) + (Porter charges)$C.P. = (120 \times 80) + 280 + (120 \times 0.40) + 72$$C.P. = 9600 + 280 + 48 + 72 = 10000$Total $C.P. = Rs. 10,000$To gain $8\%$ profit,the Total Selling Price $(S.P.)$ should be:$S.P. = C.P. \times (1 + \frac{8}{100}) = 10000 \times 1.08 = Rs. 10,800$Selling Price per ream = $\frac{10800}{120} = Rs. 90$

Competitive Quantitative Aptitude Profit and Loss Profit and Loss

Medium

$A$ man purchased $120$ reams of paper at $Rs. 80$ per ream. He spent $Rs. 280$ on transportation,paid octroi at the rate of $40$ paise per ream,and paid $Rs. 72$ to a porter. In order to gain $8\%$ profit,he must sell each ream of paper for (in $Rs.$):

A
$90$
B
$87.5$
C
$89$
D
$85$

Explore More

Browse All

Question Bank

All Subjects

Competitive Questions

Competitive

Quantitative Aptitude Questions

Chapter

Profit and Loss

Subtopic

Profit and Loss

$A$ shopkeeper sold an article offering a discount of $5 \%$ and earned a profit of $23.5 \%$. What would have been the percentage of profit earned if no discount had been offered?

Medium

View Solution

$A$ trader mixes three varieties of groundnuts costing $Rs. 50$,$Rs. 20$,and $Rs. 30$ per $kg$ in the ratio $2:4:3$ by weight and sells the mixture at $Rs. 33$ per $kg$. What is the percentage of profit he makes?

Medium

View Solution

On selling $17$ balls at $₹720,$ there is a loss equal to the cost price of $5$ balls. The cost price of a ball is

Medium

View Solution

There is a profit of $20 \%$ on the cost price of an article. The per cent of profit, when calculated on the selling price is.......$\%$

Medium

View Solution

The cost price of $40$ articles is the same as the selling price of $25$ articles. Find the gain percent. (in $\%$)

Easy

View Solution

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial

For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free

For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo

$A$ man purchased $120$ reams of paper at $Rs. 80$ per ream. He spent $Rs. 280$ on transportation,paid octroi at the rate of $40$ paise per ream,and paid $Rs. 72$ to a porter. In order to gain $8\%$ profit,he must sell each ream of paper for (in $Rs.$):

Similar Questions

$A$ shopkeeper sold an article offering a discount of $5 \%$ and earned a profit of $23.5 \%$. What would have been the percentage of profit earned if no discount had been offered?

$A$ trader mixes three varieties of groundnuts costing $Rs. 50$,$Rs. 20$,and $Rs. 30$ per $kg$ in the ratio $2:4:3$ by weight and sells the mixture at $Rs. 33$ per $kg$. What is the percentage of profit he makes?

On selling $17$ balls at $₹720,$ there is a loss equal to the cost price of $5$ balls. The cost price of a ball is

There is a profit of $20 \%$ on the cost price of an article. The per cent of profit, when calculated on the selling price is.......$\%$

The cost price of $40$ articles is the same as the selling price of $25$ articles. Find the gain percent. (in $\%$)

Vedclass Test Series

Exam Paper Generator

Online Exam Module