In a market, the price of medium quality mangoes is half that of good mangoes. A shopkeeper buys 80 kg good mangoes and 40 kg medium quality mangoes from the market and then sells all these at a common price which is 10% less than the price at which he bought the good ones. His overall profit is

A) 6%

B) 8%

C) 10%

D) 12%

Option (B)

As per CAT 2017 – Quantitative Aptitude – Arithmetic – Profit and Loss, we can see that

Price of good Quality mangoes = p

Price of medium Quality mangoes = p/2

Price at which mangoes are sold = 0.9p

Profit = [( 0.9p * 120 â€“ 100p)/100p] * 100 = 8%

Option (B)

Quantitative Aptitude – Arithmetic – Profit and Loss – Q1: Mayank buys some candies for Rs 15 a dozen and an equal number of different candies for Rs 12 a dozen.

Quantitative Aptitude – Arithmetic – Profit and Loss – Q2: The manufacturer of a table sells it to a wholesale dealer at a profit of 10%. The wholesale dealer sells the table to a retailer at a profit of 30%.

Quantitative Aptitude – Arithmetic – Profit and Loss – Q3: If Fatima sells 60 identical toys at a 40% discount on the printed price, then she makes 20% profit.

Quantitative Aptitude – Arithmetic – Profit and Loss – Q4: If a seller gives a discount of 15% on retail price, she still makes a profit of 2%. Which of the following ensures that she makes a profit of 20%?

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Quantitative Aptitude – Arithmetic – Mixtures – Q2: Bottle 1 contains a mixture of milk and water in 7 : 2 ratio and Bottle 2 contains a mixture of milk and water in 9 : 4 ratio.

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