keith is a flower seller who buys 85 roses ,each at rs 350. Unfortunately 5 of them roses were damaged and he could not sell them. At which price should he sell each of roses to make a profit of 17%?
1)4.12
2) 4.19
3) 5.12
3) 5.43
Answers
Given : keith is a flower seller who buys 85 roses ,each at rs 3.50. Unfortunately 5 of them roses were damaged and he could not sell them.
To Find : At which price should he sell each of roses to make a profit of 17%?
Solution:
buys 85 roses ,each at rs 3.50.
=> CP = 85 * 3.5
=> CP = 297.5 Rs
make a profit of 17%
=> Profit = (17/100)297.5
=> Profit = 50.575
SP = CP + Profit
SP = 297.5 +50.575 = 348.075
5 of them roses were damaged
Flower available to sell = 85 - 5 = 80
SP for each rose = 348.075/80
= 4.351 Rs
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Answer:
Step-by-step explanation: