Question

A shopkeeper buy a packet of wafer at rs 64 per packet he spend 4 rs on transport of 4 packet . at what price should he sell the packet to gain 16%

Answer 1

He should sell it at Rs75.40

Answer 2

Answer:

The shopkeeper must sell one packet at ₹ 75.40 to gain 16 %

Step-by-step explanation:

Given : A shopkeeper buy a packet of wafer at Rs.64 per packet he spend 4 rs on transport of 4 packet.

To find : At what price should he sell the packet to gain 16%?

Solution :

Cost price of the packet is =Rs.64 per packet

He spends 4 rupees on Transporter 4 packet

i.e, 1 packet transport is 1 rupee

It means the total cost price of A packet is CP= Rs.65

Gain%= 16%

$SP = CP\times\frac{(100 + Profit\%)}{100}$

$SP = 65\times\frac{(100 +16)}{100}$

$SP = 65\times\frac{116}{100}$

$SP = 75.4$

Therefore, The shopkeeper must sell one packet at ₹ 75.40 to gain 16%