Amar buys 200 boxes of apples at ₹800 per box. There are 60 apples in a box. 10% of the apples are rotten. Find the selling price per apple if he wants to earn 60% profit on the cost price
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Step-by-step explanation:
Total apples = 200×60 = 12,000
Total Cost Price (C.P.) = 800×200 = 1,60,000 Rs.
C.P of 1 Apple = 1,60,000/12,000 = 13.34 Rs.
10% apples = 10/100 × 12,000
= 1,200 apples are rotten.
Sellable apples = 12,000 - 1,200 = 10,800
Selling Price (S.P.) =60% profit on total C.P.
= C.P. + 60% of C.P
= 2,56, 000 Rs.
Therefore,
S.P per apple
= Total S.P / Sellable apples
= 2,56,000 / 10,800
= 23.7 Rs.
Answer: 23.7 Rs.
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