ICSE Class 8 Answered
Sandesh sold 15kg apples for Rs 2100 and made a profit of 12.5%. At what price/kg should he sell to gain 15%.
Asked by umanaik2640 | 25 Jan, 2019, 09:16: PM
Expert Answer
First count selling price using 15% profit
Selling price = [(100+15%)/100] x Cost.Price
Selling price = 1.15 x 2100
Selling price = Rs 2415
Selling price of 15kg apple will be Rs. 2415
So, selling price of 1kg will be Rs.161
Selling price = [(100+15%)/100] x Cost.Price
Selling price = 1.15 x 2100
Selling price = Rs 2415
Selling price of 15kg apple will be Rs. 2415
So, selling price of 1kg will be Rs.161
Because ,
2415/15 = 161 Rs per kg
At 12.5% profit price of one kg was Rs.140
At 15% profit price of one kg is Rs. 161
Therefore Sandesh should sell increasing at Rs. 21 per kg to make a profit of 15%
At 12.5% profit price of one kg was Rs.140
At 15% profit price of one kg is Rs. 161
Therefore Sandesh should sell increasing at Rs. 21 per kg to make a profit of 15%
Answered by Science Mate | 26 Jan, 2019, 12:30: AM
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