A shopkeeper bought 5 sofa sets at the rate of 2250 each. He paid transportation charges of 75 . He earned a profit of 200 by selling all the sofas. Find the selling price of each sofa sets
Answers
Answered by
15
Answer:
Selling price of each sofa set is 2305 rupees.
Step-by-step explanation:
Cost price of each sofa set = 2250 rupees
Cost price of 5 sofa sets = 2250 5 = 11250 rupees
Money spent for transportation = 75 rupees
Therefore total cost spent on 5 sofa sets = 11250 + 75 = 11325 rupees
Profit he earned = 200
Therefore the selling price of the 5 sofa sets = 11325 + 200 = 11525 rupees
Selling price of each sofa set = 11525 / 5 = 2305 rupees.
Similar questions