Mary wants to sell a basic cricket kit to her friends. In that kit, she puts a leather ball worth ₹120, a willow bat worth ₹1800, and wickets worth ₹600. She wants to have a profit of 15%. At what price should Mary sell the kit?
Answers
2520
if she wants have a profit of 15 %
then,
2520+15%of 2520
2520+378
2898
hope it helps
Answer:-
Mary should sell the kit at a price of ₹2898 .
Step-by-step explanation:-
To find the selling price of the kit, all we need to do is add the profit to the cost price of the kit.
A kit has a ball, a bat, and wickets. So, the cost price of the kit will be the sum of the cost price of these three things.
CPkit= CPball+CPbat+CPwicket
CP kit= ₹120 + ₹1800 + ₹600
CP kit= ₹2520
=CP
ball
+CP
bat
+CP
wicket
CP kit = ₹120+₹1800+₹600
= ₹2520
A 15% profit just means that profit equals 15% of the kit's cost price.
profit = 15% × cost price
profit = 15% × 2520
profit= 15/100 × 2520
profit= ₹378
selling price = cost price + profit
selling price = ₹2520 + ₹378
= ₹2898
Mary should sell the kit at a price of ₹2898.