A dealer purchased 70 quintal husk at the rate of 320 per quintal and expand 1600 on overhead charges at what rate per quintal should he sell the husk to get 5% gain
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Answer:
he purchased 70 q at 320 per q
and over head cost = 1600
cp = 22400+1600 =24000
so to get 5% profit
sp = 1.05(cp)
sp = 25200
so 25200/70 = 360
he should sell at 360 per q
hope that helps...
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