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A shopkeeper wants to sell 10 items each...


A shopkeeper wants to sell 10 items each at Rs 60 to earn some profits. But for every Rs 10 increment in selling price of one item, he left with one unsold item. Find at what selling price, he would be able to maximize his profits (some unsold items, remain with him).

A

Rs 75

B

Rs 60

C

Rs 90

D

Rs 80

Text Solution

Verified by Experts

The correct Answer is:
D
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ADDA247-PROFIT AND LOSS-Prelims Questions (Level-2)
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  14. A dishonest shopkeeper mark up the price of sugar by 20% and gives a d...

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  15. Marked price is 25% more than the selling price of the product and the...

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  16. A salesman marks a bat and a ball 25% and 40% above their cost price r...

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  17. A salesman bought 50 phones from manufacturer for, Rs.780000. He spent...

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  18. Marked price of a jeans is 50% above its cost price and marked price o...

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  19. A manufacturer of tables wants to earn 20% profit on total manufacturi...

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  20. Marked price of a bat is Rs 350.A shopkeeper gives a discount of Rs x ...

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