Reynolds Superink pens are bought at the rate of 8 for ₹ 100. To make a profit of 60 per cent, these must be… · ABC26GN2677
Subject: General Aptitude · Chapter: Profit and Loss
Reynolds Superink pens are bought at the rate of 8 for ₹ 100. To make a profit of 60 per cent, these must be sold at
(a)5 for ₹ 100
(b)6 for ₹ 100
(c)9 for ₹ 200
(d)None of these
Answer
Answer (as printed): A
Explanation
C.P. of 8 pens $=₹ 100$. S.P. of 8 pens $=160 \%$ of $₹ 100=₹ 160$. For ₹ 160, pens sold = 8. For ₹ 100, pens sold $=\left(\frac{8}{160} \times 100\right)=5$.
Explanation as extracted from the printed page; notation may be imperfect.