Mathematics · Profit and Loss
A manufacturer undertakes to supply 2000 pieces of a particular component at ₹50 per piece. According to his estimates, even if 5% of the components fail to pass the quality test, he will still make a profit of 25%. However, as it turned out, 50% of the components were rejected. What is the loss incurred by the manufacturer?
- 1₹26,000✓
- 2₹24,000
- 3₹30,000
- 4₹28,000
Correct answer
₹26,000
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