3 years ago in Profit & Loss

If each worker is paid Rs. 15 instead of Rs. 10 per day, what is the Merchant’s profit (in Rs.)?

[A] 10800
[B] 18000
[C] 40000
[D] 27200

Direction: These questions are based on the information given below:


A Greek Merchant sells a certain medicated oil during the month I, Month II and month III and month IV. Every month the merchant buys 100 liters of the oil at a price of the earlier month and sells it at a price 10% more than that of the present month. The prices of the oil in the month before month I, month II, month III and month IV are Rs. 1200, Rs. 1000, Rs. 1400, Rs. 1300, and Rs. 1100 respectively per liter. He also employed workers with him during these months. The number of workers with him in month I, month II, month III and month IV are 3, 4, 9 and 8 respectively. A worker was paid Rs. 10 per day. (Assume that there are 30 days to every month)

Next Question

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!

Overall Stats

Attempted 7
Correct 1
Incorrect 1
Viewed 5


Sayed badruzama
Sayed badruzama - 3 years ago

Sayed badruzama from Mumbai, India is saying 27200 is correct answer

Nazia Sayed
Nazia Sayed - 3 years ago

Nazia Sayed from Mumbai, India is saying 18000 is correct answer

Related Questions