Question

A shopkeeper bought 5 sofa set at the rate of rs 2250 each . he paid transport charges of rs 75 . he earned a profit of rs 200 by selling all the sofas . find the selling price of each sofa set​

Answer 1

Answer:

Selling price of each sofa set is 2,305 rs

Step-by-step explanation:

Given that the rate of 5 sofa set bought by shopkeeper = 2250 each

                                transport charges = 75 rs

 profit earned by the shopkeeper = 200 rs

  the total amount spend by the shopkeeper =

                                    total cost of 5 sofa sets + transport  

                                      ( 5× 2250) + 75

                                        = 11,325 rs

total selling price of all sofa sets =

                 actual price (the amount spend by shopkeeper) + profit

                                        ⇒11,325 + 200= 11525 rs

        selling price of each sofa = $\frac{11,525}{5} =2,305$ rs