Question

A company purchase goods 50 each sold them 70 each making a profit of 4240 in total how many unit sold

Answer 1

Answer:

212 units

Step-by-step explanation:

Let the number of goods purchased be x.

Hence, cost = 50x

income = 70x

and, profit = cost - income = 70x - 50x = 4240

or, 20x = 4240

x = 4240/20

   = 212 units

Answer 2

There are 212 units that are sold.

Step-by-step explanation:

Let the number of units be 'x'.

Cost price of each unit = Rs. 50

Selling price of each unit = Rs. 70

Profit = Rs. 4240

According to question, it becomes,

$70x-50x=4240\\\\20x=4240\\\\x=\dfrac{4240}{20}\\\\x=212$

Hence, there are 212 units that are sold.

# learn more:

2% commission on sale of property equal rupees 4240.what is the value of the property?

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