Instructions

Answer the questions based on the following information. A watch dealer incurs an expense of Rs. 150 for producing every watch. He also incurs an additional expenditure of Rs. 30,000, which is independent of the number of watches produced. If he is able to sell a watch during the season, he sells it for Rs. 250. If he fails to do so, he has to sell each watch for Rs. 100.

Question 20

If he is able to sell only 1,200 out of 1,500 watches he has made in the season (and the rest 300 are sold out of season), then he has made a profit of

Name: If he is able to sell only 1,200 out of 1,500 watches he has made in the season (and the rest 300 are sold out of season), then he has made a profit of
Uploaded: Oct. 28, 2024, 4:21 p.m.
Duration: 3 min 17 s
Description: If he is able to sell only 1,200 out of 1,500 watches he has made in the season (and the rest 300 are sold out of season), then he has made a profit of

Solution

Cost price per watch = 150
Cost price for 1500 watches = $$1500 \times 150$$ = 225000
Total expense = 225000 + 30000 = 255000
Selling price for season = $$1200 \times 250$$ = 300000
For out of season = $$300 \times 100$$ = 30000
Total selling = 300000 + 30000 = 330000
Profit = 330000 - 255000 = 75000

Share on Whatsapp Share on Whatsapp

Boost your CAT prep: Take All-India 3 free CAT mock tests with Video solutions

Video Solution

Click on the Email ☝️ to Watch the Video Solution

Create a FREE account and get:

All Quant CAT complete Formulas and shortcuts PDF
38+ CAT previous year papers with video solutions PDF
5000+ Topic-wise Previous year CAT Solved Questions for Free

CAT Quant Questions | CAT Quantitative Ability

CAT Venn Diagrams Questions CAT Time Speed Distance Questions CAT Probability, Combinatorics Questions CAT Time And Work Questions CAT Progressions and Series Questions

CAT DILR Questions | LRDI Questions For CAT

CAT Puzzles Questions CAT Truth Lie Concept Questions CAT Quant Based DI Questions CAT Table with Missing values Questions CAT Arrangement Questions

CAT Verbal Ability Questions | VARC Questions For CAT

CAT Critical Reasoning Questions CAT Verbal Ability Questions CAT Odd One Out Questions CAT Vocabulary Questions CAT Grammar and Sentence Correction Questions

Also Read

CAT Mock Tests

CAT 2025 Course

Free CAT Preparation

CAT Questions

CAT Formulas PDF

CAT Study Material

CAT Score vs Percentile

CAT Score Calculator

CAT Percentile Predictor

CAT Sectional Tests

CAT Exam

CAT Prep Videos

CAT Registration

CAT Syllabus 2025

CAT Eligibility Criteria

CAT Admit Card

CAT 1996 QA Question

If he is able to sell only 1,200 out of 1,500 watches he has made in the season (and the rest 300 are sold out of season), then he has made a profit of

Video Solution

CAT Quant Questions | CAT Quantitative Ability

CAT DILR Questions | LRDI Questions For CAT

CAT Verbal Ability Questions | VARC Questions For CAT

Also Read

Free CAT Quant Questions

Login to your Cracku account

Hello! 👋

Ready to Unlock Your Success?

Please Enter Your OTP

Please enter the following details

Create a free Cracku account

Get Started with 5000+ Free CAT Questions & Mock Tests with Detailed Solutions!