Katappa bought `20` pencils and `12` erasers. He marked-up the pencil `15%` on the cost price of each and the eraser by

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Q 2285167067.     Katappa bought `20` pencils and `12` erasers. He marked-up the pencil `15%` on the cost price of each and the eraser by Rs.`20` on the cost price of each. He sold `75%` of the pencils and `8` erasers and made a profit of Rs.`385`. If the cost of an eraser is `60%` the cost of a pencil and he got no return on unsold items, what was his overall profit or loss?
IBPS-PO 2017 Mock Mains
A

Loss of Rs.355

B

Loss of Rs.210

C

Loss of Rs.250

D

Loss of Rs.200

E

None of these

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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