a merchant bought 60 sheep at rs 120 per sheep. he sold 40 of them at rs 150 . 10 of sheep died . what should be the s.p of the remaining sheep if he wants a profit of rs 800
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Given , cost of each sheep =rs 120.
Total no of sheep =X=60.
Total cost price =120×60 =rs 7200
Now given ,
Selling of each sheep =rs 150
Total no of sheep y1=40.
Total selling price of y1 =150 ×40=rs 6000.
Also given No of remaining sheep =10
Profit =sp -cp
Given profit =rs 800 now find the total selling price
Total selling =profit +c.p
=800+7200 =80
Let the s.p be y3
Then total sp =y1 +y2 +y3
Here y2=0 {sheep died}
8000=6000+0+y3
Y3=8000-6000=rs 2000
Then
Sp of 10 sheep's be rs 2000
Sp of 1 sheep be rs 2000/10 =rs 200.
Answer ,Sp of remain sheep is rs 200.
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