A shopkeeper buys 10 pair of shoes for RS 190 each.He make a profile of Rs 300 by selling all of them.
At what price did he sell each pair
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A shopkeeper buys 10 pair of shoes for RS 190 each. He make a profit of Rs 300 by selling all of them. He sold each pair for Rs 220 each
Step-by-step explanation:
Number of pair of shoes = 10
Cost of a pair of shoes = Rs 190
Total cost of 10 pair of shoes = Cost of a pair of shoes × Number of pair of shoes
= 190 × 10 = Rs 1900
Total Profit got after selling all of them = Rs 300
Profit got after selling a pair of shoes = Total profit ÷ Number of shoes
= 300 ÷ 10 = Rs 30
Therefore price he sold each pair = 190 + 30 = Rs 220
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