Question

A vendor sold 15 toys for 3000 and gained a profit of 25%. How many toys should he sell for ₹2816 to make a profit of 10%?

• A. 15
• B. 16
• C. 17
• D. 18

Answer 1

Answer:

B. 16

Selling price of 15 toys = ₹3000
Profit = (25%)

Step 1: Find cost price of 15 toys

$\text{CP} = \frac{3000 \times 100}{125} = 2400$

Cost price of 1 toy

$\frac{2400}{15} = 160$

Selling price per toy for (10%) profit

$160 \times \frac{110}{100} = 176$

Number of toys sold for ₹2816

$\frac{2816}{176} = 16$

So, the vendor should sell:

$\boxed{16}$

toys.