A manufacturer undertakes to supply 2000 pieces of a particular component at the rate of ₹ 25 per piece. according to his estimate, even if 5% of the supply fail to pass the quality test, then he wil…

Question

A manufacturer undertakes to supply 2000 pieces of a particular component at the rate of ₹ 25 per piece. according to his estimate, even if 5% of the supply fail to pass the quality test, then he will make a profit of 25% . However, as it turned out, 50% of the supplied components were rejected. The loss to the manufacture is

Testwala · Accepted Answer

₹ 13,000

Testwala · Answer

Explanation: Estimated cost: 1900 pieces sold for Rs.47500 at 25% profit gives cost Rs.38000. Actual sale of 1000 pieces gives Rs.25000, so loss = Rs.13000.

Answer: B. ₹ 13,000

Explanation

Answer: B. ₹ 13,000

Explanation