500 rubber balloons were purchased at rs 70 a hundred. 100 of the ballons burst in the process of inflating them. At what price should each of the remaining balloons be sold to earn a profit of rs 50 on the whole?
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0
Answer:
total cost price of balloons=(500/100)*70=350 rs. 100 burst so remaining balloons are 400.
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7
Answer:
No. of balloons=500.
Balloons burst=100.
Balloons left=400.
cost of 100 balloons=70.
cost of 500 balloons=70×5
=Rs.350.
Profit=rs.50.
S.P=C.P+Profit
=Rs.350+Rs.50
S.P=Rs.400.
S.P for 1 balloon=400/400
=Rs.1.Ans.
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