Question Details

Anil buys 12 toys and labels each with the same selling price. He sells 8 toys initially at 20% discount on the labeled price. Then he sells the remaining 4 toys at an additional 25% discount on the discounted price. Thus, he gets a total of Rs 2112, and makes a 10% profit. With no discounts, his percentage of profit would have been

Options

A

60

B

55

C

50

D

54

Show Answer

Correct Answer :

Option C

50

Solution :

The correct answer is 50%.

Let's work through this problem step-by-step, carefully tracking the labeled price, actual revenues, and cost price.

Step 1: Define the Variable
Let the labeled (marked) selling price of each toy = L (in Rs).

Step 2: Calculate Revenue from the First Batch (8 toys at 20% discount)
A 20% discount on the labeled price means each toy is sold at 80% of L.

Price per toy (1st batch) = L × 80100 = 0.8L

Revenue from 8 toys = 8 × 0.8L = 6.4L

Step 3: Calculate Revenue from the Second Batch (4 toys at an additional 25% discount)
The additional 25% discount is applied on the already discounted price of 0.8L (not on the original labeled price).

Price per toy (2nd batch) = 0.8L × 75100 = 0.6L

Revenue from 4 toys = 4 × 0.6L = 2.4L

Step 4: Find the Labeled Price (L) Using Total Revenue
Total revenue from all 12 toys = Rs 2112.

6.4L + 2.4L = 2112

8.8L = 2112

L = 21128.8 = 240

So, the labeled price per toy = Rs 240.

Step 5: Find the Total Cost Price Using the 10% Profit Condition
Anil makes a 10% profit on the total revenue of Rs 2112. This means:

Total Revenue = Cost Price × 110100

2112 = CP × 1.1

CP = 21121.1 = Rs 1920

So, the total cost price of all 12 toys = Rs 1920.

Step 6: Calculate the Revenue WITHOUT Any Discounts
If Anil sells all 12 toys at the full labeled price of Rs 240 each:

Total Revenue (no discount) = 12 × 240 = Rs 2880

Step 7: Calculate the Profit Percentage WITHOUT Discounts

Profit (no discount) = 2880 1920 = Rs 960

Profit % = Profit Cost Price × 100 = 9601920 × 100 = 50%

Conclusion:
If Anil had sold all 12 toys at the labeled price with no discounts, he would have made a profit of 50%. This confirms that the correct answer is 50.

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