engineering recuitment PGCIL Diploma Trainee Mock Test 2024 Quantitative Aptitude Profit and Loss Successive Selling
A manufacturer undertakes to supply 2000 pieces of a particular component at ₹ 50 per piece. According to his estimates, even if 5% components fail to pass the quality test, then he will make a profit of 25%. However, as it turned out, 50% of the components were rejected. Then what is the loss to the manufacturer ?
1
₹28,000
2
₹30,000
3
₹24,000
4
₹26,000