Candies cost rs 24 a dozen.At what prize per hundred should they be sold to make a gain of 12 %
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cost of one candy is 24/12 is 2 cost of hundred Candy is 200 cost price is 200+ 200* 12/100)
is 200 + 24 equal 224 hence he sold at 224
is 200 + 24 equal 224 hence he sold at 224
Answered by
24
Dear Student,
◆ Answer -
Selling price per 100 days = Rs 224
● Explanation -
Given that cost 1 dozen = 12 candies cost Rs 24.
So cost of 1 candy is given by 24/12 = Rs 2.
So now, cost of 100 candies is -
Cost of 100 candies = 100 × 2
Cost of 100 candies = Rs 200
For gaining profit 100 %,
Selling price = cost price × (100 + discount %) / 100
Selling price = 200 × (100 + 12) / 100
Selling price = Rs 224
Hence, 100 candies should be sold for Rs 224 to gain profit of 12%.
Thanks dear. Hope this helps you...
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