Question

Calculate issue price per 1000
bricks.: Total bricks
ordered:5,00,000 Breakage in
transit the bricks -1% of the
bricks purchased Bricks broke
during Loading &Unloading:
2000 Total cost incurred for
purchasing 50,000 bricks:
2,25,000​​

Answer 1

Given :  Total bricks ordered:5,00,000 Breakage in transit the bricks -1% of the bricks purchased Bricks

broke during Loading &Unloading: 2000

Total cost incurred for purchasing 50,000 bricks: 2,25,000​​

To Find : issue price per 1000 bricks.:

Explanation:

Total bricks ordered:5,00,000

Breakage in transit the bricks 1%

= (1/100) 5,00,000

= 5000

broke during Loading &Unloading: = 2000

Remaining bricks = 5,00,000  - 5000 - 2000

= 4,93,000

cost incurred for purchasing 50,000 bricks: 2,25,000​​

=> cost incurred for purchasing 5,00,000  bricks: 22.50,000​​

Cost per bricks  =22.50,000​​/4,93,000 = 4.56389

=> Cost per 1000 bricks  = 4563.89

=4563.89  Rs

issue price per 1000 bricks.  = 4563.89  Rs

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