10. Robin purchased 250 kg apples at the price of 100 per kg and one-fifth of the total apples was sold at the loss of 30%. What should be the selling price of rest of the apples such that the total profit percentage becomes 20%?
Answers
The answer is Rs 2500
GIVEN
Robin purchased 250 kg apples at the price of 100 per kg and one-fifth of the total apples was sold at the loss of 30%.
TO FIND
What should be the selling price of rest of the apples such that the total profit percentage becomes 20%?
SOLUTION
We can simply solve the above problem as follows;
We are given,
Total weight of apples purchased = 250 kg
Cost of 1 kg of apples = 100 Rs
Cost price of 250 kg of apples = 100 × 250 = Rs 25000
Number of 1/5th apples = 250 × 1/5 = 50 kg
Loss% = 30%
Cost price of 50 kg of apples = 50 × 100 = 5000 Rs
Let the SP of 50 kg apples be = X
Loss% = ((CP - SP)/CP) × 100
30/100 = (5000-X)/5000
1500 = 5000-X
X = 5000-1500 = 3500 Rs
Now,
Let the Selling price of total apples = Y + 3500
Where,
Y = Selling price of rest of the apples.
Profit% = 20
Therefore,
Profit% = ((SP-CP)/CP) × 100
20/100 = (Y + 3500 - 5000)/5000
1000 = Y - 1500
Y = 1000 + 1500 = 2500
Hence, The answer is Rs 2500
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