a fruit sell buys 300 Apple at 50rs per 12 Apple he sold 200 of them at 50 per 10 Apple at what rate per Apple would the fruit seller sell the remaining Apple to make an overall profit of 12 %
Answers
Total Cost = 50*25 = 1250
SP Of 200 = 50/10 = Rs 5 Per Apple
SP Of 200 = 5 * 200 = 1000
To Gain 12% On Whole SP Required = 1250+12/100 * 1250 = Rs 1400
Remaining Amount = 1400-1000 = 400
Remaining Apples = 100
SP = 400/100 = Rs 4 Per Apple Or Rs 48 Per Dozen
Given,
Cost price = Rs. 50 per 12 apples
Total apples bought = 300
Selling price =Rs. 50 per 10 apples
Total apple sold = 200
To Find,
The rate per Apple at which the fruit seller sell the remaining Apple to make an overall profit of 12 % =?
Solution,
The cost price of 1 apple(CP) = Rs. 50 /12
The cost price of 300 apples(CP) = (50 *300 )/ 12
The cost price of 300 apples(CP) = Rs. 1250
Profit of 12% would be 12% of CP
Profit of 12% = (12/100) * 1250
Profit of 12% = Rs. 150
SP required to get 12% profit = 1250 + 150 = Rs. 1400
Current SP of 200 apples = (50 * 200) / 10
Current SP of 200 apples = Rs. 1000
Price of 100 left apple = 1400 - 1000 = Rs. 400
Price of 1 apple = 400/100 = Rs. 4
Hence, the fruit seller should sell the remaining Apple at the rate of Rs 4 per Apple to make an overall profit of 12%.