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A man sells 36 bags for Rs 3600, which results in a 20% loss. How many bags must he sell for Rs 3200 to make a 60% profit?
Question

A man sells 36 bags for Rs 3600, which results in a 20% loss. How many bags must he sell for Rs 3200 to make a 60% profit?

A.

17

B.

16

C.

18

D.

19

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:
360036\frac{3600}{36}​ = 100
Calculate the cost price of one bag using the 20 percent loss:
100×10080\frac{100 × 100}{80}​ = 125
Calculate the required selling price of one bag to make a 60 percent profit:
125×160100\frac{125 × 160}{100}​ = 200
Determine the number of bags to sell for Rs 3200 at this new price:
3200200\frac{3200}{200}​ = 16
Final Answer
So the correct answer is (b)

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