Arun sold 25% of his handbags at a profit of 10%, 33.33% of the remaining handbags sold at a loss of 10% and the remaining handbags sold at a profit of 20%. If Arun gets an overall profit of Rs.400, then find the total cost price of handbags?
A. Rs.2000
B. Rs.4000
C. Rs.1000
D. Rs.1600
E. None of these
Sol:
Let the total number of handbags=12
25% of the total number of
handbags=12*25/100=3
33.33% of the remaining handbags=(12-
3)/3=9/3=3
Remaining hand bags=9-3=6
Let CP=100
Overall profit percentage=[(3*110+3*90+6*120)-
100*12]/1200*100
=(1320-1200)/1200*100
=120/12=10%
CP=100*400/10=Rs.4000
