Some fruits are bought at 15 for Rs. 140 and an equal number of fruits at 10 for Rs. 120. If all the fruits are sold at Rs. 132 per dozen, then what is the profit percent in the entire transaction?

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SSC CGL 2020 Tier-I Official Paper 1 (Held On : 13 Aug 2021 Shift 1)
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  1. \(4 \frac{1}{2}\)
  2. \(2 \frac{1}{4}\)
  3. \(3 \frac{1}{8}\)
  4. 3

Answer (Detailed Solution Below)

Option 3 : \(3 \frac{1}{8}\)
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Fruits bought at 15 for Rs. 140

Equal quantity of bought at 10 for Rs. 120

Fruits sold at Rs. 132/dozen

Let, the total quantity of fruits = 30

               15 for Rs. 140            10 for Rs. 120          Total

CP              Rs. 140                        Rs. 180             Rs. 320

SP              Rs. 165                        Rs. 165             Rs. 330

Profit percent = (330 - 320)/320 × 100  = \(3 \frac{1}{8}\)%

∴ The required profit percent is  \(3 \frac{1}{8}\)%.

Alternate Method

Given:

Fruits at 15 for Rs. 140 = Fruits at 10 for Rs. 120

Fruits sold at Rs. 132/dozen

Formula used:

Profit > Loss 

Profit = SP - CP 

Profit percent = Profit/CP × 100 

Calculation:

Let, Total fruit brought

⇒ LCM (10 and 15) = 30

So, CP of 30 fruits at the rate of 15 for Rs. 140

⇒ 140/15 × 30 = Rs. 280

Similarly, CP of 30 fruits at 10 for Rs. 120,

⇒ 120/10 × 30 = Rs. 360

So, Total CP of 60 fruits = 280 + 360 = Rs. 640

Now,

⇒ SP of 12 fruits = Rs. 132

⇒ SP of 1 fruit = Rs. 11

⇒ SP of 60 fruits = Rs. 11 × 60 = Rs. 660

So, Profit = SP - CP = Rs.660 - Rs. 640 

⇒ Rs. 20 

Profit percent = 20/640 × 100 = \(3 \frac{1}{8}\)

∴ The required profit percent is  \(3 \frac{1}{8}\)%.

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