CAT level question in Profit and Loss – 04
Question: A merchant buys 80 articles, each at Rs. 40. He sells n of them at a profit of n% and the remaining at a profit of (100 – n)%. What is the minimum profit the merchant could have made on this trade?
(a) Rs. 2160
(b) Rs. 1420
(c) Rs. 1580
(d) Rs. 2210
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