Question:
A manufacturer of a certain item can sell all he can produce at the selling price of ₹ 60 each. It cost him ₹ 40 in materials and labour to produce each item and he has overhead expenses of ₹ 3000 per week in order to operate that plant. The number of units he should produce and sell in order to make a profit of at least ₹ 1000 per week is
A manufacturer of a certain item can sell all he can produce at the selling price of ₹ 60 each. It cost him ₹ 40 in materials and labour to produce each item and he has overhead expenses of ₹ 3000 per week in order to operate that plant. The number of units he should produce and sell in order to make a profit of at least ₹ 1000 per week is
Updated On: Jan 30, 2025
- 300
- 400
- 250
- 200
Hide Solution
Verified By Collegedunia
The Correct Option is D
Solution and Explanation
Let x be total \(\frac{items}{week}\),
Selling Price (SP) will be 60x,
Cost Price (CP) will be [40x+4000 (extra 1000 for profit)]
So,
40x + 4000 = 60x
20x = 4000
x=200.
The number of units he should produce and sell in order to make a profit of at least \(₹\)1000 per week is 200 So the correct option is (D)
Was this answer helpful?
0
0
Top Questions on Profit and Loss
- A shopkeeper sells an article at a 20 percent profit. If the cost price is Rs 500, what is the selling price?
- Karnataka PGCET - 2025
- Quantitative Aptitude
- Profit and Loss
- Bittu, a fruit seller purchased some fruit items and raised its price by 35%. But due to some urgency, he had to sell it immediately by giving 35% discount on the face value. Then, how much was the percentage gain or loss after giving discount?
- MAT - 2025
- Mathematics
- Profit and Loss
- A shopkeeper makes a profit of 17% by giving a discount of 22% on the marked price of an article. But with a view to gain more profit, he reduces the discount to 18% and makes a higher profit. How much is the difference in his profit percentage with this reduction in discount?
- MAT - 2025
- Mathematics
- Profit and Loss
- Statement: Electric Vehicle manufacturing got a boom in the industry.
Arguments:
I. The government adopted policy to control carbon emission.
II. The market demands petrol vehicles due to low cost.
Which of the following is the correct answer?- KMAT KERALA - 2025
- Quantitative Aptitude
- Profit and Loss
Statement: Insurance industry has not grown in the state.
Arguments:
I. A strong public health infrastructure is available at free of cost.
II. People are not educated. Which of the following is the correct answer?- KMAT KERALA - 2025
- Quantitative Aptitude
- Profit and Loss
View More Questions
Questions Asked in MAT exam
- An international NGO for homeless people has supplied certain items for ongoing winters to new shelters for homeless people. These consist of different items like blankets, jackets, shoes, socks, and room heaters. The total number of five items distributed in December 2024 was 3300.
- 24% of all items were blankets.
- $\frac{1}{6}$ of all items were jackets.
- 14% of all items were shoes.
- Remaining items were either socks or room heaters.
- The number of room heaters distributed was 100 more than the number of socks distributed.
Find the ratio between the number of room heaters and the number of shoes?- MAT - 2025
- Data Analysis
- An international NGO for homeless people has supplied certain items for ongoing winters to new shelters for homeless people. These consist of different items like blankets, jackets, shoes, socks, and room heaters. The total number of five items distributed in December 2024 was 3300.
- 24% of all items were blankets.
- $\frac{1}{6}$ of all items were jackets.
- 14% of all items were shoes.
- Remaining items were either socks or room heaters.
- The number of room heaters distributed was 100 more than the number of socks distributed.
The number of socks distributed is approximately what percent of the total number of shoes and room heaters put together?- MAT - 2025
- Data Analysis
- An international NGO for homeless people has supplied certain items for ongoing winters to new shelters for homeless people. These consist of different items like blankets, jackets, shoes, socks, and room heaters. The total number of five items distributed in December 2024 was 3300.
- 24% of all items were blankets.
- $\frac{1}{6}$ of all items were jackets.
- 14% of all items were shoes.
- Remaining items were either socks or room heaters.
- The number of room heaters distributed was 100 more than the number of socks distributed.
What is the total number of jackets, shoes, and room heaters distributed?- MAT - 2025
- Data Analysis
- An international NGO for homeless people has supplied certain items for ongoing winters to new shelters for homeless people. These consist of different items like blankets, jackets, shoes, socks, and room heaters. The total number of five items distributed in December 2024 was 3300.
- 24% of all items were blankets.
- $\frac{1}{6}$ of all items were jackets.
- 14% of all items were shoes.
- Remaining items were either socks or room heaters.
- The number of room heaters distributed was 100 more than the number of socks distributed.
What is the difference between the total number of socks and blankets distributed and the number of shoes distributed?- MAT - 2025
- Data Analysis
- The Chatterjee family has 8 members: A, B, C, D, E, F, G, H. There are 3 generations in the family. They go to 4 different countries: France, Canada, UK, and USA. They make 4 groups of 2 members each, and each group goes to one country. The family consists of 3 married couples, and each couple forms a group. The following conditions are given:
1. The family consists of 3 married couples and each couple forms a group.
2. The oldest member of the family goes to Canada.
3. H, a female, is married to E, who does not go to UK.
4. B and Dform a group and agreed to go to USA.
5. E’s mother-in-law is the mother of C, who is the father of B and brother of H.
6. A is the grandfather of one of the male members, who goes to USA.
7. D is unmarried and the niece of C.
8. F is the oldest member of the family.
Which of the following members will go to Canada?- MAT - 2025
- Family Tree Problems
View More Questions