200 mangoes are purchased for rs.600 if one wants to gain 33.33% as profit then what should be the selling price of 1 dozen of mangoes
Answers
The selling price of 1 dozen mangoes should be Rs. 48 in order to make a profit of 33.33%.
Step-by-step explanation:
The cost price of 200 mangoes = Rs. 600
So, The C.P. of 1 mango = = Rs. 3
Gain % = 33.33%
The formula of calculating the selling price or S.P. is given by
S.P. = [(100+G)/100] × C.P.
Substituting the given values, we get
S.P. of 1 mango = × 3 = Rs. 3.99 ≈ Rs. 4
Thus,
The selling price of 1 dozen mangoes is,
= 12 * Rs. 4 …… [since 1 dozen = 12]
= Rs. 48
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