1. A dealer bought 100 flower vases for 40. Twenty vases were broken during transportation . Air
what rate should he sell the remaining to gain 10% ?
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Answer:
₹55
Step-by-step explanation:
Total cost of vases = ₹40 × 100 = ₹4000
To gain 10%, selling price = ₹× 4000 = ₹4400
But, 20 vases were broken. Therefore, the dealer can only sell the remaining 100-20 = 80 vases.
∴ Selling price of 80 vases = ₹4400
⇒ Selling price of 1 vase = ₹4400 ÷ 80 = ₹55.
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