Question

Indrajit bought 10 refrigerators at ₹ 12000 each and spent ₹ 5000 on transport. For how much should he sell each refrigerator in order to make a profit of ₹ 20000?

Answer 1

Answer:

14,500 Rs

Step-by-step explanation:

It is given that the cost of each refrigerator is 12,000 Rs, and the total number of refrigerators is 10.

The total cost of 10 refrigerators = 10(12,000) = 120,000 Rs.

Total cost of refrigerators + transportation = 120,000 + 5,000 = 125,000 Rs.

Since she wants to make a profit of 20,000 Rs, she needs to sell all the 10 refrigerators for 20,000 + 125,000 = 145,000 Rs.

Therefore, each refrigerator will be sold for: 145,000/10 = 14,500 Rs.

Answer 2

Answer:

Rs 14500

Step-by-step explanation:

Find the total purchase cost:

1 refrigerator = Rs 12000

10 refrigerators = 12000 x 10 = Rs 120000

Find the total cost:

Purchase Price = Rs 120000

Transportation = Rs 5000

Total cost = 120000 + 5000 = Rs 125000

Find the total selling price:

Cost Price = Rs 125000

Profit = Rs 20000

Selling Price = 125000 + 20000 = Rs 145000

Find the selling price of 1 refrigerator:

10 refrigerators = Rs 145000

1 refrigerator = 145000 ÷ 10 = Rs 14500

Answer: Rs 14500