A shopkeeper selling of 18.18% on his marked price. Further, owing to persistent bargaining by a customer, he offered x mangoes free for every 60 mangoes purchased by the customer and still made an overall profit of 20/3 % in the transaction. Find the value of x, If the apples were marked at 76% more than their cost price.
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Answer:
21 Fruits offered Free
Step-by-step explanation:
Let say Cost Price of Fruit per Pc = Rs C
Marked Price = C + (76/100)C = 1.76C
Selling Price = 1.76C - (18.18/100)*1.76C = (1.76 * 0.8182)C Rs
for every 60 fruits , x fruits are offered frees
=> cost Price = (60 + x)C
Profit = 20/3 % = (20/300) * (60 + x)C = (60 + x)C /15
Selling Price = (60 + x)C + (60 + x)C /15 = 16(60 + x)C /15
Selling Price = 60 * (1.76 * 0.8182)C = 86.4C
16(60 + x)C /15 = 86.4C
=> 60 + x = 81
=> x = 21
21 Fruits offered Free
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