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Anil buys 12 toys and labels each with t...

Anil buys 12 toys and labels each with the same selling price. He sells 8 toys initially at 20% discount on the labelled price. Then he sells the remaining 4 toys at an additional 25% discount on the discounted price. Thus, he gets a total of Rs 2112 , and makes a 10% profit. With no discounts, his percentage of profit would have been

A

44.44

B

54.54

C

50

D

60

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will break down the information given and perform the necessary calculations. ### Step 1: Define Variables Let the labeled price of one toy be \( x \). ### Step 2: Calculate Selling Price of 8 Toys Anil sells 8 toys at a 20% discount. The selling price after the discount is: \[ \text{Selling Price of 8 toys} = 8 \times \left( x \times \frac{80}{100} \right) = 8 \times \frac{4x}{5} = \frac{32x}{5} \] ### Step 3: Calculate Selling Price of Remaining 4 Toys The remaining 4 toys are sold at an additional 25% discount on the discounted price. The selling price of one toy after the first discount is \( \frac{4x}{5} \). The new selling price after an additional 25% discount is: \[ \text{Selling Price of one toy} = \frac{4x}{5} \times \frac{75}{100} = \frac{4x}{5} \times \frac{3}{4} = \frac{3x}{5} \] Thus, the selling price of 4 toys is: \[ \text{Selling Price of 4 toys} = 4 \times \frac{3x}{5} = \frac{12x}{5} \] ### Step 4: Total Selling Price The total selling price for all 12 toys is: \[ \text{Total Selling Price} = \frac{32x}{5} + \frac{12x}{5} = \frac{44x}{5} \] ### Step 5: Set Up the Equation According to the problem, the total selling price is Rs 2112. Therefore, we set up the equation: \[ \frac{44x}{5} = 2112 \] ### Step 6: Solve for \( x \) To find \( x \), multiply both sides by 5: \[ 44x = 2112 \times 5 \] \[ 44x = 10560 \] Now, divide by 44: \[ x = \frac{10560}{44} = 240 \] ### Step 7: Calculate Cost Price Anil makes a 10% profit on the cost price. Let the cost price of 12 toys be \( CP \). The selling price is given as: \[ SP = CP + 0.1 \times CP = 1.1 \times CP \] Since the selling price is Rs 2112: \[ 1.1 \times CP = 2112 \] Now, solve for \( CP \): \[ CP = \frac{2112}{1.1} = 1920 \] ### Step 8: Calculate Selling Price Without Discounts If there were no discounts, the selling price for 12 toys would be: \[ SP = 12 \times x = 12 \times 240 = 2880 \] ### Step 9: Calculate Profit The profit when selling without discounts is: \[ \text{Profit} = SP - CP = 2880 - 1920 = 960 \] ### Step 10: Calculate Profit Percentage The profit percentage is given by: \[ \text{Profit Percentage} = \left( \frac{\text{Profit}}{CP} \right) \times 100 = \left( \frac{960}{1920} \right) \times 100 = 50\% \] ### Final Answer Thus, the percentage of profit with no discounts would have been **50%**. ---
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