26 Views

Question : A man buys 15 pens for a rupee. How many pens should he sell for a rupee to earn a profit of 50 percent?

Option 1: 6

Option 2: 8

Option 3: 10

Option 4: 12


Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: 10


Solution : The man buys 15 pens for a rupee, so the cost price of each pen is $\frac{1}{15}$ rupees.
To earn a profit of 50%, the selling price of each pen should be $\frac{1}{15} ×\frac{150}{100}= \frac{1}{10}$ rupees
If in $\frac{1}{10}$ rupees he sells 1 pen, then in Re. 1, he sells 10 pens.
Hence, the correct answer is 10.

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books