Question

A rickshaw dealer buys 30 rickshaws for Rs. 4725. Of these, 8 are four-seaters and the rest are two seaters. At what price must he sell the four-seaters so that if he sells the two-two seaters at 3/4th of this price, he makes a profit 40% on his outlay?
A.Rs. 180
B.Rs. 279
C.Rs. 360
D.Rs. 450

Answer 1

D.rs 450that is right answer

Answer 2

Answer:

On an investment of Rs. 4725, a profit of 40% means a profit of 1890.

Hence, the targeted sales realization is Rs. 6615.

The required equation;

8p + 22 × 3p4

= 6615

Or, 8p + 33p2

= 6615

In the expression for LHS = RHS; we need 33p4

to be odd number.

This can only happen when p is not a multiple of 4.

Hence, option a and c gets eliminated automatically.

Now, we check for option b which is correct.

Step-by-step explanation: