A toy manufacturer produced 1200 toy cars at a total cost of ₹90,000. He…
2025
A toy manufacturer produced 1200 toy cars at a total cost of ₹90,000. He donated 200 cars to a charity event. For the rest, he announced a 10% discount on the market price of ₹120 per car. He also offered 2 toy cars free for every 8 toy cars purchased. If all 1200 toy cars were distributed, what is his overall gain or loss percentage?
- A.
4% loss
- B.
4% profit
- C.
5% loss
- D.
5% profit
Attempted by 1 students.
Show answer & explanation
Correct answer: A
1. CP = 90,000. Sold = 1000 cars. 8+2 deal means 1000/10 = 100 free. Total sold = 800 paid cars. 2. Price = 120 * 0.9 = 108. Revenue = 800 * 108 = 86,400. 3. Loss = 90,000 - 86,400 = 3,600. % Loss = (3,600/90,000)*100 = 4%.