Question

A vegetable vendor buys 240kg of potato for rs 380. If 20% of the potato is unusable , at what average price per kg must he sell the rest of the potato in order to make a profit of 25%

Answer 1

Answer:

Rs 153.6

Step-by-step explanation:

380/240= Rs.19/12(per kg)

20% of the potatoes is unusable, so (100-20)%=80%

80% is usable.

80% of 240

=80/100×240

=192 kg

Cost of 192 kg of potatoes=192×19/12=Rs.304

Selling Price=100/100+Profit%×Cost Price

=100/100+25×304

=100/125×304

=1216/5

Rs. 1216/5 ÷ 19/12

=1216/5×12/19

=Rs.768/5 or Rs.153.6