A trader purchased 132 dozens of mangoes at Rs. 475 per dozen and could sell only 125 dozens at Rs. 530 per dozen. What is the value of stock of mangoes in hand (in rupees)?

Show answer & explanation

Answer: (A) 3325

Explanation

Unsold stock = 132 − 125 = 7 dozen, valued at cost: 7 × 475 = Rs 3325.