Question

Avendor bought 1200 orange at rs16 a dozen. if he wants to make a profit of 20 %at what price per hundred must he sell the oranges

Answer 1

Hi ,

Here's the answer:-

Price of 12 oranges = 16

Price of 1200 oranges = 1600

so CP = 1600

P = 20% of CP = 20/100× 1600 = 320

SP = CP+P = 1600+320 = 1920

Price per 100 = 1920/12 = 160

So, the answer is 160

HOPE IT HELPS (^_^)