Quantitative Aptitude – Arithmetic – Profit and Loss – A wholesaler bought walnuts and peanuts

Slot -1 – Quantitative Aptitude – Arithmetic – Profit and Loss – A wholesaler bought walnuts and peanuts

A wholesaler bought walnuts and peanuts, the price of walnut per kg being thrice that of peanut per kg. He then sold 8 kg of peanuts at a profit of 10% and 16 kg of walnuts at a profit of 20% to a shopkeeper. However, the shopkeeper lost 5 kg of walnuts and 3 kg of peanuts in transit. He then mixed the remaining nuts and sold the mixture at Rs. 166 per kg, thus making an overall profit of 25%. At what price, in Rs. per kg, did the wholesaler buy the walnuts?

a) 84
b) 96
c) 86
d) 98

Solution:
let the CP of walnuts for wholesaler was 3x and that of peanuts was x so
SP of 8 kg of peanuts and 16 kg of walnuts = 8*1.1x + 16*1.2*3x = 66.4x
The shopkeeper gets 25% profit so SP = 1.25*66.4x =83x
As per question 83x = 166*(8+16 – 5-3) = 166*16
So x = 32
So CP of walnuts = 3x = 96
Correct answer: b) 96

Other posts related to Quantitative Aptitude – Modern Maths

Permutation and Combination – Fundamental Principle of Counting
Permutation and Combination – Distribution of Objects
How to find Rank of a Word in Dictionary (With or Without Repetition)
Set Theory- Maximum and Minimum Values
How to solve questions based on At least n in Set Theory for CAT Exam?
Sequence and Series Problems and Concepts for CAT 2017 Exam Preparation
Basic Probability Concepts for CAT Preparation

---

---

---