Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:
The manufacturer of a certain item can sell all he can produce at the selling price of ₹ 60 each. It costs him ₹ 40 in materials and labour to produce each item and he has overhead expenses of ₹ 3000 per week in order to operate the plant. The number of units he should produce and sell in order to make a profit of at least ₹ 1000 per week, is
(a)200
(b)250
(c)300
(d)400
Answer
Answer (as printed): A
Explanation
Suppose, he must produce $x$ items. Then, C.P. $=₹(40 x+3000)$, S.P. $=60 x$. $$\therefore 60 x-(40 x+3000)=1000 \text { or } 20 x=4000 \text { or } x=200 .$$
Explanation as extracted from the printed page; notation may be imperfect.