Ranjan purchased 120 tables at price of Rs. 110 per table. He sold 30 tables at

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Ranjan purchased 120 tables at price of Rs. 110 per table. He sold 30 tables at a profit of Rs. 12 per table and 75 tables at profit of Rs. 14 per tables. The remaining tables were sold at a loss of Rs. 7 per table. What is the average profit per table?

Answer: Option B
- Total C.P = Rs. (120 x 110) =Rs. 13200.
Total S.P = Rs.[(30 x 110 + 30 x 12) + (75 x 110 + 75 x 14) + (15 x 110 - 15 x 7)
=Rs..14505

Average profit = Rs. (14505 – 13200) /120
= Rs. 1305/120
= 10.875

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