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NTPC Graduate Tier 1 2025 Shift-2 📅 05 Jun, 2025

Sachin bought the first pen for ₹630 and the second pen for ₹722, respectively. He sells the first pen at 70% of the profit but the buyer bargains for the price, and he has to offer a 9% discount and the second pen at 71% of the profit. Find the total profit he had in this transaction (correct to two decimal places).

A
855.49
B
857.23
C
856.32
D
854.79
Result Summary
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APEDIA

NTPC Graduate Tier 1
2025 • 05 Jun, 2025 • Shift-2
Sachin bought the first pen for ₹630 and the second pen for ₹722, respectively. He sells the first pen at 70% of the profit but the buyer bargains for the price, and he has to offer a 9% discount and the second pen at 71% of the profit. Find the total profit he had in this transaction (correct to two decimal places).
Correct Answer
857.23
First Asset Dynamics: The first pen has a Cost Price of ₹630. A 70% markup establishes an initial target price of 630 * 1.70 = ₹1071. Applying the 9% negoti......
💡 Analysis & Explanation
First Asset Dynamics
The first pen has a Cost Price of ₹630. A 70% markup establishes an initial target price of 630 * 1.70 = ₹1071. Applying the 9% negotiation discount makes the actual Selling Price = 1071 * 0.91 = ₹974.61.
First Margin Calculation
The isolated profit generated from the first pen is 974.61 - 630 = ₹344.61.
Second Asset Dynamics
The second pen is purchased for ₹722 and seamlessly sold at a straight 71% profit margin. The profit here is directly 722 * 0.71 = ₹512.62.
Aggregate Income
Merging the net gains from both individual transactions gives 344.61 + 512.62 = ₹857.23.
Conclusion
The complete calculated financial profit stands at ₹857.23.