BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem

baker recovers

This topic has expert replies
Post new topic Post Reply
Previous Topic Next Topic
User avatar
GMAT Instructor
Posts: 3650
Joined: Wed Jan 21, 2009 4:27 am
Location: India
Thanked: 267 times
Followed by:80 members
GMAT Score:760

baker recovers

by sanju09 » Thu Aug 26, 2010 10:59 pm
On selling 10 doughnuts if a baker recovers the cost price of 15 doughnuts, then what is the profit percentage of the baker?
(A) 20
(B) 25
(C) 30
(D) 45
(E) 50


made for www.avenuesabroad.org
The mind is everything. What you think you become. -Lord Buddha



Sanjeev K Saxena
Quantitative Instructor
The Princeton Review - Manya Abroad
Lucknow-226001

www.manyagroup.com
Top
Source: — Problem Solving |
Senior | Next Rank: 100 Posts
Posts: 51
Joined: Mon Jul 13, 2009 4:25 pm
Thanked: 1 times

by ymach3 » Thu Aug 26, 2010 11:29 pm
E-50%

bought 15 Ds for 30/- and sold 10 Ds for 30/-.... Then SP of a D is 3 and CP is 2.... Profit %= (3-2)/2=.5*100=50%.
Top
User avatar
Senior | Next Rank: 100 Posts
Posts: 85
Joined: Thu Jul 15, 2010 7:50 pm
Thanked: 1 times
GMAT Score:690

by sirisha.g » Fri Aug 27, 2010 4:24 am
IMO E.

10SP=15CP => SP=3/2CP

Profit %= (SP-CP/CP)*100 = substituting SP=3/2CP. you will 50%
Top
Post new topic Post Reply
• Page 1 of 1