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A salesman purchased 50 laptops from a m...

A salesman purchased 50 laptops from a manufacturer at Rs.36000 each. If salesman marked each laptop 150% above the cost of each laptop and started a scheme - on purchase of every laptop he will give accessories worth Rs.25000 free and 30% discount on marked price of each laptop, then find the amount of profit earned by the salesman on selling all the laptops.

A

A)Rs `150000`

B

B)Rs `200000`

C

C)Rs `80000`

D

D)Rs `100000`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will calculate the cost price, selling price, and profit earned by the salesman on selling all the laptops. ### Step 1: Calculate the Cost Price of One Laptop The cost price (CP) of one laptop is given as Rs. 36,000. ### Step 2: Calculate the Total Cost Price for 50 Laptops To find the total cost price for 50 laptops: \[ \text{Total Cost Price} = \text{Cost Price of One Laptop} \times \text{Number of Laptops} \] \[ \text{Total Cost Price} = 36,000 \times 50 = 1,800,000 \] ### Step 3: Calculate the Marked Price of One Laptop The salesman marks each laptop 150% above the cost price. Therefore, the marked price (MP) can be calculated as: \[ \text{Marked Price} = \text{Cost Price} + (150\% \text{ of Cost Price}) = 36,000 + (1.5 \times 36,000) \] \[ \text{Marked Price} = 36,000 + 54,000 = 90,000 \] ### Step 4: Calculate the Selling Price After Discount The salesman offers a 30% discount on the marked price. The selling price (SP) after the discount can be calculated as: \[ \text{Selling Price} = \text{Marked Price} - (30\% \text{ of Marked Price}) = 90,000 - (0.3 \times 90,000) \] \[ \text{Selling Price} = 90,000 - 27,000 = 63,000 \] ### Step 5: Calculate the Total Selling Price for 50 Laptops To find the total selling price for 50 laptops: \[ \text{Total Selling Price} = \text{Selling Price of One Laptop} \times \text{Number of Laptops} \] \[ \text{Total Selling Price} = 63,000 \times 50 = 3,150,000 \] ### Step 6: Calculate the Profit Earned Profit can be calculated using the formula: \[ \text{Profit} = \text{Total Selling Price} - \text{Total Cost Price} \] \[ \text{Profit} = 3,150,000 - 1,800,000 = 1,350,000 \] ### Final Answer The amount of profit earned by the salesman on selling all the laptops is Rs. 1,350,000. ---
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ADDA247-PROFIT AND LOSS-Prelims Questions (Level-2)
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