Question

A trader paid 1,500 for 6 drinking cups. One of the cups got broken . He sold the remainings making a profit of 10% . Cal i) the cost price of each of the 6 cups ii) selling price of each of the 5 cups iii) the profit made on each cup sold​

Answer 1

Answer:

1 :- cp of each cup is ₹ 250

2:- sp pf each cup is ₹330

3:- profit earned is ₹ 80

Step-by-step explanation:

1. cost price of each cup is equal to total amount ₹ 1500 divided by no of cups 6. 1500÷6= ₹ 250.
2. overall profit is 10%. 10% of 1500 is 150. that means sp of cups (5 cups as 1 was broken) is 1500+150= ₹ 1650
3. selling price of 5 cups is ₹1650 ÷ 5= 330.
4. profit made on each cup = sp - cp that is 330 -250= ₹80