A fruit seller purchased 20 kg of apples at Rs300. Out of total quantity , 2 kg of apples were rotten .
At what price per kg he should sell the balance quantity of apples to get a profit of 20%
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Answers
Explanation:
Given :-
A fruit seller purchased 20 kg of apples at Rs300. Out of total quantity , 2 kg of apples were rotten .
To find :-
At what price per kg he should sell the balance quantity of apples to get a profit of 20% ?
Solution :-
Given that
The Cost Price of 20kg of apples
= Rs. 300
Quantity of apples which are rotten
= 2 kg
Remaining good apples = 20-2 = 18 kg
So,
The Cost of 18 kg of apples = Rs. 300
Desired profit = 20%
We know that
Selling Price = [(100+g)/100]×CP
=> SP = [(100+20)/100]×300
=> SP = (120/100)×300
=> SP = (120×300)/100
=> SP = 120×3
=> SP = Rs. 360
So, The Selling Price of 18 kg of apples
= Rs. 360
The Cost of 1 kg of apples
= 360/18
=> Rs. 20
Answer :-
The fruit seller should sell 1 kg of apples at Rs. 20 to get the desired profit.
Used formulae:-
→Selling Price = [(100+g)/100]×CP
Given :
A fruit seller purchased 20 kg of apples at Rs300. Out of total quantity, 2 kg of apples were rotten.
To find :
At what price per kg he should sell the balance quantity of apples to get a profit
of 20% ?
Solution :
Given that
The Cost Price of 20kg of apples
= Rs. 300
Quantity of apples which are rotten
= 2 kg
Remaining good apples = 20-2 = 18 kg
So,
The Cost of 18 kg of apples = Rs. 300 Desired profit = 20%
We know that
Selling Price = [(100+g)/100]*CP
=> SP = [(100+20)/100]x300
=> SP (120/100)x300
=> SP = (120×300)/100
=> SP = 120x3
=> SP = Rs. 360
So, The Selling Price of 18 kg of apples
= Rs. 360
The Cost of 1 kg of apples
= 360/18
=> Rs. 20
Answer :
The fruit seller should sell 1 kg of apples at Rs. 20 to get the desired profit.
Used formulae:
→Selling Price = [(100+g)/100]*CP