A hardware merchant who enjoys a cash credit limit with the branch has been required to furnish the particulars of a consignment of brass ttings against which the limit was drawn, and he has furnishe…

Question

A hardware merchant who enjoys a cash credit limit with the branch has been required to furnish the particulars of a consignment of brass ttings against which the limit was drawn, and he has furnished tting. Of the ttings so purchased he disposed of 150 at a pro t of 20 per cent upon the cost of each them as follows. He purchased 250 ttings of one and the same description at a cost of ₹480 for each and he was obliged to dispose of the remaining 100 at a loss of 5 per cent upon the cost of each, the season having by then gone by. Taking the consignment as a whole, what was his pro t per cent upon the transaction?

PYQPulse · Accepted Answer

10%

Answer: E. 10%