Question

Michel has prepared 15 pieces of a good item at the cost of Rs 85 per piece.He spends another Rs15 for the packing of each item.At what price should be sells his items to gain the profit of Rs 500 answer is Rs2000 but how show in steps

Answer 1

Answer:

cost price of goods =15(85+15)

=1500

cp+500=2000

sp of 1 item=2000÷ 85

= 1000/17

=58.823

=59 (approx)