Question

by selling cakes at rupees 84 per dozen a Baker on the profit of 12% at what price must he sell each case was to earn a profit of 20%​

Answer 1

Answer:

Let no. of cakes be 100 and each cake is Rs. 100

Then, C.P. =100×100= Rs. 10000

He will earn profit =40%

MP of each cake = Rs. 140

Now S.P. of 24 cakes = 24× 80

100×100=Rs. 1920

S.P. of 60 cakes = 60×140= Rs. 8400

Total S.P. =8400+1920= Rs. 10320

Profit =10320−10000=320

Required Profit % = 320 ×100=3.2%

10000