Question

A merchant earns a profit of 20% By selling 80 apples which cost Rs 240. but he gives one-fourth to his friend ath cost price and sells the remaining apples. In order to earn profit, at what price must he
sell each apple ?​

Answer 1

Answer:

Cost price of each apple = 240/80 = 3

For 20% profit, selling price = 240 × (1 + 0.2) = 288

Now, he gives 20 apples to his friend at cost price, so he needs to sell the remaining apples at a price of 288 - 60 = 228 (since cost price of 20 apples = 3 × 20 = 60)

So, Selling price for remaining apples should be = 228/60 = Rs 3.80

Step-by-step explanation:

you asked me for help i dont know much but i hope it help you