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Expert replies
by shashank.ism » Tue Feb 09, 2010 7:22 am
Mr. X bought 10 identical chocolates. He ate 2 chocolates and sold the remaining 8 chocolates for Rs.60 making a net profit of 32%. Find the profit percent had he eaten 6 chocolates and sold the remaining 4 chocolates for Rs.48.

4.8%
5.6%
6.4%
7.2%
6.8%
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Source: — Problem Solving |

by ajith » Tue Feb 09, 2010 10:03 am
shashank.ism wrote:Mr. X bought 10 identical chocolates. He ate 2 chocolates and sold the remaining 8 chocolates for Rs.60 making a net profit of 32%. Find the profit percent had he eaten 6 chocolates and sold the remaining 4 chocolates for Rs.48.

4.8%
5.6%
6.4%
7.2%
6.8%

Profit % = (Selling price - cost)/cost*100 =60-c/c = 0.32 =>1.32 c =60 => c=45.45

Profit percentage had he eaten 6 chocolates and sold the remaining 4 chocolates for Rs.48. = 3/45.45*100=6.6
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by shashank.ism » Tue Feb 09, 2010 10:31 am
ajith wrote:
shashank.ism wrote:Mr. X bought 10 identical chocolates. He ate 2 chocolates and sold the remaining 8 chocolates for Rs.60 making a net profit of 32%. Find the profit percent had he eaten 6 chocolates and sold the remaining 4 chocolates for Rs.48.

4.8%
5.6%
6.4%
7.2%
6.8%

Profit % = (Selling price - cost)/cost*100 =60-c/c = 0.32 =>1.32 c =60 => c=45.45

Profit percentage had he eaten 6 chocolates and sold the remaining 4 chocolates for Rs.48. = 3/45.45*100=6.6
Final profit =[(48-45.4545)/60] x100 = 5.6%
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by harsh.champ » Tue Feb 09, 2010 1:38 pm
shashank.ism wrote:Mr. X bought 10 identical chocolates. He ate 2 chocolates and sold the remaining 8 chocolates for Rs.60 making a net profit of 32%. Find the profit percent had he eaten 6 chocolates and sold the remaining 4 chocolates for Rs.48.

4.8%
5.6%
6.4%
7.2%
6.8%
1.32 x Price per chocolate(P) x 8 = 60
=>P = 60/(8 x 1.32)

Let the new profit percent be x.
(1 + x/100) x P X 4 = 48
From the above 2 equations:-
[spoiler]
x = 5.6% which is D.[/spoiler]
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by komal » Tue Feb 16, 2010 11:49 am
shashank.ism wrote:Mr. X bought 10 identical chocolates. He ate 2 chocolates and sold the remaining 8 chocolates for Rs.60 making a net profit of 32%. Find the profit percent had he eaten 6 chocolates and sold the remaining 4 chocolates for Rs.48.

4.8%
5.6%
6.4%
7.2%
6.8%
Selling price of 8 chocolates = Rs. 60.
Since Mr. X made a profit of 32%, the cost price of 10
chocolates = Rs. (6000/132) = Rs. (500/11)

Selling price of 4 chocolates = 48.

Profit percent = (48 - 500/11)/(500/11) x 100 = 5.6%
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