Correct option is B
Given:
Number of bags initially sold = 36
Initial total selling price = Rs 3600
Initial loss percentage = 20%
Target total selling price = Rs 3200
Target profit percentage = 60%
Formula Used:
Cost Price = (Selling Price × 100) ÷ (100 - Loss Percentage)
New Selling Price = (Cost Price × (100 + Profit Percentage)) ÷ 100
Solution:
Find the initial selling price of one bag:
= 100
Calculate the cost price of one bag using the 20 percent loss:
= 125
Calculate the required selling price of one bag to make a 60 percent profit:
= 200
Determine the number of bags to sell for Rs 3200 at this new price:
= 16
Final Answer
So the correct answer is (b)