A flowerist buys 100 dozen roses at rs.2 a dozen. By the time, the flowers are delivered, 20 dozen roses
are mutilated and are thrown away. At what price should he sell the rest if he needs to make a profit of
20% on his purchase?
Answers
The florist should sell at Rs. 3 per dozen to make a profit of
20% on his purchase.
Total number of roses bought = 100 dozen (Given)
Cost of 1 dozen roses = Rs. 2 (Given)
Thus, the cost price of 100 dozen roses = 2 × 100 = Rs. 200
Roses that are left after discarding the mutilated ones = 80 dozens
To calculate the price at which the florist should sell the 80 dozen roses to make a profit of 20% -
Profit%/100 = SP - CP/CP
20/100 = SP - 200/200
1/5 = SP - 200/200
SP = 240
Therefore, the selling price of the roses should be -
= 240/80
= Rs. 3 per dozen.
Answer:
3 dozen
Step-by-step explanation:
Given cost of 1 dozen roses = Rs. 2
Number of roses bought by the florist = 100 dozens
Thus, cost price of 100 dozen roses = 2 x 100 = Rs. 200
Roses left after discarding the mutilated ones = 80 dozens
Calculating the price at which the florist should sell the 80 dozen roses in order to make a profit of 20%, we have
Profit % = ((SP-CP)/CP) x100 = ((SP-200)/200) x 100
40 = SP – 200
SP = Rs. 240
Therefore, the SP of the roses should be Rs. 240/80 = Rs. 3 per dozen.