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A vendor orders 2000 pieces of particular Chinese component with printed.................What is the loss to the vendor?

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A vendor order 2000 pieces of a particular Chinese component with printed MRP of Rs. 25 per piece.
According to his estimates, even if 30% fail to pass the quality tests, then he will make a profit of 25% while selling it at MRP.
However, as it turned out, 90% of the components were rejected as they were defective.
What is the loss to the vendor?

posted Apr 23, 2020 by Samardeep Acharya

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1 Answer

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Vendor spent:
25*(2000-30%)=x*125% --> x=1700*25/1.25= Rs 34000
Vendor gained:
25*(2000-90%)= Rs. 5000
Loss:
Rs. 34000 - Rs. 5000= Rs. 29000 or 29000/34000*100%=85.3%

answer Apr 23, 2020 by Hanifa Mammadov



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A vendor order 2000 pieces of a particular Chinese component at Rs. 25 per piece.
According to his estimates, even if 5% fail to pass the quality tests, then he will make a profit of 25%.
However, as it turned out, 50% of the components were rejected.
What is the loss to the vendor?

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