Amit bought 10 cycles for Rs1750 each. He sold four cycles for Rs.8400,three for Rs1900
each at what price he should sell the remaining 3 so as to earn average profit of Rs320 percycle.
Answers
Answer:
6600
Step-by-step explanation:
Total CP = 17500
Total SP of 7 cycles = 14100
Total SP of 10 cylcle = 17500+3200 = 20700
SP of remaining 3 cycle = 20700-14100 = 6600
Answer:
Rs.2200
Step-by-step explanation:
cost of 4 cycle = 1750×4
= 7000
profit of 4 cycle sold = 8400-7000
= 1400
profit of next 3 cycle =[1900-1750]×3
= 450
average profit = total profit ÷ 10
320 = total profit / 10
total profit = 320×10
= 3200. __ 1
let profit of last 3 cycle = x
total profit = 1400+450+x
= 1850+x
by 1
3200 = 1850+x
x = 3200-1850
= 1350
profit of last 3 cycle each = 1350÷ 3
= 450
price of 3 cycle each = 1750 + 450
= RS.2200