Question

Aaryan was selling cricket bats. Ho sold 8 bats with 15% profit. If the net amount of profit he earned was Rs 600, what was the price of one
bat when Aaryan purchased it?​

Answer 1

Solution :-

Let cost price of 1 bat x

Cost price of 8 bats = 8x

He sold 8 bats with 15% profit. If the net amount of profit he earned was ₹ 600

$\frac{15}{100} \times 8x = 600 \\ \\ 8x = \frac{600 \times 100}{15} \\ \\ 8x = 40 \times 100 \\ \\ x = \frac{40 \times 100}{8} \\ \\ x = 500$

he price of onebat when Aaryan purchased is ₹500

Answer 2

Explanation:

Rs 500

Net amount of profit earned from selling 8 bats = Rs. 600

This is given as 15% profit on the cost price.

Profit % =

Profit

C

P

profit CP

× 100

⇒ Rs. 15 =  

600

C

P

600CP

× 100

⇒ Rs. 15 =  

600

C

P

600CP

× 100

⇒ CP =

600

15

60015

× 100

⇒ CP = Rs. 4000

∴ CP of one bat = Rs.

4000

8

40008

=  Rs. 500