a shopkeeper buys 15rackets for rs.46500. if he sells them for a profit of 15%. find the selling
price of one racket.
Answers
Answer:
The Selling price of each racket is Rs. 3565.
Step-by-step explanation:
Given :
Buys = 15 rackets
For = Rs. 46,500
Sold at Profit = 15%
To Find :
Selling price of each
Solution :
Find the SP of all rackets -
- CP = Rs. 46500
- SP = ??
- Profit % = 15%
★ SP = (100 + P%)/100 × CP
⇒ SP = (100 + 15)/100 × 46500
⇒ SP = 115/100 × 46500
⇒ SP = 115 × 465
⇒ SP = 53,475
Selling price of all the rackets = Rs. 53475
SP of each racket -
⇒ Total SP/Total rackets
⇒ 53475/15
⇒ 3565
SP of one packet = Rs. 3565
The Selling price of each racket is Rs. 3565.
Step-by-step explanation:
Aloha !
We need selling price of one racket.
Such that,
S.P=100+p%/100×C.P
S.P=100+15%/100×45600
S.P= 115/100×45600
S.P=23/20×45600
S.P=23/2×4560
S.P=23×2280
S.P= 53475
Given cost is for 15 rackets .
Then cost of one racket is 52475/15
=3565