Question

A pharmaceutical company made 3000 strips of tab-lets at a cost of ` 4800. The company gave away 1000 strips of tablets to doctors as free samples. A discount of 25% was allowed on the printed price. Find the ratio of profit if the price is raised from ` 3.25 to ` 4.25 per strip and if at the latter price, samples to doctors were done away with. (New profit/old profit)

(a) 55.5 (b) 63.5 (c) 75 (d) 99.25

Answer 1

one strip of tablets cost 16/-

25% discount = 63.5 per strip