GMAT Question of the Day - Daily to your Mailbox; hard ones only

It is currently 15 Oct 2019, 17:07

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel

A shopkeeper buys a consignment of 24,000 juice containers for $60,000

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

Find Similar Topics 
Math Expert
User avatar
V
Joined: 02 Sep 2009
Posts: 58340
A shopkeeper buys a consignment of 24,000 juice containers for $60,000  [#permalink]

Show Tags

New post 24 Sep 2018, 01:19
00:00
A
B
C
D
E

Difficulty:

  35% (medium)

Question Stats:

79% (02:27) correct 21% (03:25) wrong based on 16 sessions

HideShow timer Statistics

A shopkeeper buys a consignment of 24,000 juice containers for $60,000. He immediately sold 3/4 of the containers, each at 20 percent above the cost per container. Next day, the remaining containers were sold at a price per container equal to 20 percent less than the cost per container. What was the percent profit on the consignment?

(A) 7.5%
(B) 10%
(C) 13.5%
(D) 20%
(E) 22.5%

_________________
Manager
Manager
avatar
G
Joined: 14 Jun 2018
Posts: 219
A shopkeeper buys a consignment of 24,000 juice containers for $60,000  [#permalink]

Show Tags

New post 24 Sep 2018, 02:05
Let the cost be 100 per container and total number of container be 4.
He sold 3 at 20% profit ,so SP = 120 each
He sold 1 at 20% loss , so SP = 80
Total = 120*3 + 80 = 440
Profit = 40/400 * 100 = 10%
GMAT Club Bot
A shopkeeper buys a consignment of 24,000 juice containers for $60,000   [#permalink] 24 Sep 2018, 02:05
Display posts from previous: Sort by

A shopkeeper buys a consignment of 24,000 juice containers for $60,000

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  





Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne