A fruitseller made a profit of 20% by selling 3 dozens apples at the rate of ruppes 12 per apple.Find the price he had paid for all the apples
Answers
Step-by-step explanation:
solution is attached
MARK AS BRAINLIST
Answer:
The fruitseller paid Rs. 433.59 for all the apples.
Step-by-step explanation:
Given that:
Profit = 20%
No. of apples = 12 * 3
= 36
Selling Price (SP) = Rs. 12 per apple.
Let the Cost Price (CP) of 1 apple be Rs. 'x'
Therefore, profit = 20 * CP / 100
= x/5
We know that Profit = SP - CP
x/5 = 12 * 36 - x * 36
= 436 - 36x
=> x = 5 (436 - 36x)
=> x = 2180 - 180x
=> x + 180x = 2180
=> 181 x = 2180
=> x = 12.044
Therefore the CP of all apples = 12.044 * 36
= 433.59
Therefore, the fruitseller paid Rs. 433.59 for all the apples.