A vendor buys 20 laptop bags for ₹13,000 and sells them at 15 for ₹10,125. How many laptop bags should be bought and sold to earn a profit of ₹3,225?
- A127
- B123
- C120
- D129
Solution & Step-by-step Explanation
1. Find Cost Price (CP) per bag:
CP of 1 bag=
20
13000
=₹650
Find Selling Price (SP) per bag:
SP of 1 bag=
15
10125
=₹675
Find Profit per bag:
Profit per bag=SP−CP=675−650=₹25
Calculate total bags needed to achieve a target profit of ₹3,225:
Number of bags=
Profit per bag
Target Profit
=
25
3225
=129
CP of 1 bag=
20
13000
=₹650
Find Selling Price (SP) per bag:
SP of 1 bag=
15
10125
=₹675
Find Profit per bag:
Profit per bag=SP−CP=675−650=₹25
Calculate total bags needed to achieve a target profit of ₹3,225:
Number of bags=
Profit per bag
Target Profit
=
25
3225
=129