Question

3. ABC buys 15 racquets for Rs.46,500. If he sells them for a profit of 15%, find the selling price of 1 racquet.

Answer 1

The Selling price of each racket is Rs. 3565.

Step-by-step explanation:

Given :

Buys = 15 rackets

For = Rs. 46,500

Sold at Profit = 15%

To Find :

Selling price of each

Solution :

Find the SP of all rackets -

CP = Rs. 46500

SP = ??

Profit % = 15%

★ SP = (100 + P%)/100 × CP

⇒ SP = (100 + 15)/100 × 46500

⇒ SP = 115/100 × 46500

⇒ SP = 115 × 465

⇒ SP = 53,475

Selling price of all the rackets = Rs. 53475

SP of each racket -

⇒ Total SP/Total rackets

⇒ 53475/15

⇒ 3565

SP of one packet = Rs. 3565

therefore∴ The Selling price of each racket is Rs. 3565.

hope it helps you.........★