Question:medium

A manufacturer makes 1500 articles at the cost of 120 paisa per article. He fixes the selling price such that if only 1200 articles are sold, he makes \(80%\) profit on the total outlay. However, 240 articles get spoilt and he sells the remaining stock at this price. Find the actual profit percentage on total outlay.

Show Hint

When a price is set for a target profit on total outlay}, compute the per-unit price from that target revenue first, then apply real quantities sold.
Updated On: Nov 25, 2025
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