AbhiPrep

Caselets

80 Questions

Practice Caselets questions with answers and step-by-step solutions. These problems are curated from recent campus placement test papers (TCS, Infosys, Wipro, Cognizant, Accenture) and competitive government exams (SSC CGL, Bank PO, RRB NTPC, UPSC).

Caselets: Reference Passage & Data Shared for questions below
Caselet Context & PassageSet 6: Profit & Loss (Variable Pricing)

A retailer buys a batch of 120 identical articles at a cost of Rs. 40 each. Due to market variations, he sells 40% of the articles at a profit of 25%. He then sells 30% of the articles at a profit of 10%. To clear the remaining stock quickly, he sells the rest at a loss of 5%. After all 120 articles are sold, he calculates his net financial position.

Q56

What is the total Selling Price of the first batch (40% of articles) sold at a 25% profit?

hard
Q57

What is the net profit or loss amount earned by the retailer on the entire stock?

hard
Q58

What is the overall profit percentage of the retailer?

hard
Q59

What is the average selling price per article across all 120 articles?

hard
Q60

If the remaining 36 articles were sold exactly at the cost price instead of a 5% loss, what would be the new overall profit percentage?

hard