NextMockSearch exams, e.g. SSC CGL, UPPSC, Lekhpal
Railways PYQCBT 1 2016

RRB NTPC · Question 84

Neeraj purchased a few shirts for his shop at cost prices ranging from Rs. 400 to Rs. 550 and sold at prices ranging from Rs. 450 to Rs. 650. What is the maximum profit that might be made in selling 10 shirts? A. Rs. 2800 B. Rs. 2500 C. Rs. 2400 D. Rs. 2000

  1. B

  2. C

  3. D

  4. A

Show answer & explanation

Answer: (A) B

Explanation

Profit is greatest when a shirt costs the least (Rs 400) and sells for the most (Rs 650): Rs 250 per shirt. For 10 shirts the maximum profit = 10 × 250 = Rs 2,500.