Problem: A video magazine distributor made 3,500 copies of the May issue of the magazine at a cost of Tk. 4,00,000. He gave 500 cassettes free to some key video libraries. He also allowed a 25% discount on the market price of the cassette. [n this manner, he was able to sell all the 3,500 cassettes that were produced. If the market price of a cassettes was Tk. 160, what is his gain or loss for the May issue of the video magazine?
View all: NATIONAL BANK ( PO) | WRITTEN QUESTION (MATH) SOLVE | 2015
Correct Answer: ans: Loss 40,000 Tk.
Explanation:
As the distributor gives 500 copy free, the remaining number of copy = (3,500 -500) = 3,000.
Total cost of the distributor = 4,00,000 Tk.
Now, at 25% discount if market price is 100 Tk. the selling price is (100 -25) Tk. = 75 Tk.
When, market price is 100 Tk. then selling price = 75 Tk.
When, market price is 1 Tk. then selling price =$\frac{75}{100}$ Tk.
When, market price is 160 Tk. then selling price = $\frac{75×160}{100}$ = 120 Tk.
Revenue from 3,000 copy = (3,000 x 120) = 3,60,000 Tk.
But, the cost price = 4,00,000 Tk.
Loss = (4,00,000 -3,60,000) Tk. = 40,000 Tk.
