kusumtai bought 80 cookers at Rs 700 each transport Cost her Rs 1280 if she wants a profit of rs 18000 what should be the selling price par cooker
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The selling price per cooker is Rs 941
Solution:
Given that,
Number of cookers = 80
Cost of 1 cooker = Rs 700
Find cost of 80 cookers
cost of 80 cookers = 80 x 700 = Rs 56000
Transport cost = Rs 1280
Total CP = 56000 + 1280 = 57280
she wants a profit of rs 18000
Therefore,
Selling price = CP + Profit
Selling price = 57280 + 18000 = 75280
Find SP of 1 cooker
Thus, selling price per cooker is Rs 941
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