Jhun Jhunwala makes 1000 toys and incurs a cost of Rs. 1.2 for each toy. He marks –up the price in such a way that if he sells only 70% of the manufactured toys he will realize 16.66% overall profit. He sells only 750 articles at the marked price since rest of the toys are found to be defective so can’t be sold. What is the net profit or loss of Jhun Jhunwala?



3)33.33% profit

4)none of these

  • : 100
  • : 0
    Previous Next


    Suggest other answer
    Login to Discuss/suggest the answer...

  • Exam: Profit and Loss QUESTIONS

    Recommended Learning for you

    Subscribe here for free mock test on IAS PCS SSC and other competitive exam. Signup here to get SSC CGL Solution and main exam study material