A retailer purchased 1000 LED bulbs at RS 80 each. 100 bulbs were damaged and he she sold the remaining bulbs at 21.5% profit. Find the selling price of each bulb.
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Answer:
safe bulb 1000-100 = 900 bulb
damaged bulb = 100
remaining bulb = 900
each bulb price = ₹80
profit = 21.5×80/100
= 17.2
= profit+ price
= 17.2+80
= ₹97.2
selling price of each bulb = ₹97.2
Answered by
4
Safe bulb = 1000 - 100
= 900 bulb
Damaged bulb = 100
Each price of bulb = RS. 80
Profit = 21.5% X 80/100
= 17.2
= Profit + price
= 17.2 + 80
= RS. 97.2
Hence, the selling price of each bulb is RS. 97.2
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