Latest CTS Aptitude Question SOLUTION: SAtish bought 10 cycles for Rs. 1,750 each. He sold 4 cycles for Rs 8,400, 3 for Rs 1900 each . At what price should he sell the remaining cycles so as to earn an average profit of

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(#M40156143) CTS Numerical Ability question Keep an EYE

SAtish bought 10 cycles for Rs. 1,750 each. He sold 4 cycles for Rs 8,400, 3 for Rs 1900 each . At what price should he sell the remaining cycles so as to earn an average profit of Rs 320 per cycle?

Options
1) Rs 1,900
2) Rs 2,000
3) Rs. 1,800
4) Rs 2,050
5) Rs 2,200

Asked In CTS ABHINAV PUSHPAM (8 years ago)

Unsolved Read Solution (2)

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Read Solution (2) :

lakshmi  (8 years ago)

He sold 4 cycles for 8400 rs
[It means each cycle price is 2100Rs]
And again he sold 3 cycles for 1900 Rs each
if He want to gain avg profit on each cycle is 320 Rs per cycle.
So profit for each cycle is 320 Rs ,
10* 320=3200Rs
He already got 1850 Rs profit by selling 7 cycles.
3200-1850=1350
So from remaining 3 cycles we want to get 1350 rs profit ,
1350/3=450
so we want sell remaining 3 cycles at 2200 rs each one

Is this solution Helpfull? Yes (11) | No (2)  

saidinesh  (7 years ago)

1-1750 , 10=17500,(with out profit)
4-8400, 3-5700(1=1900),==>14100(7 cycles with profit)(remaining 3 =? )
but, 1-320, 10= 3200(profit)
therefore, 17500+3200 =20700(with profit)

20700-14100= 6600
6600/3
=2200/-(per cycle)

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