Pamela buys 10 apples for Rs. 200. At what price should she sell the 10 apples to earn
100% profit?
Answers
Step-by-step explanation:
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Shyam buys 10 apples for Rs 1. At what price should he sell a dozen apples if he wishes to make a profit of 25%?
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Anup Kumar
Answered April 12, 2019
Cost Price of 10 apples = Rs 1
Cost Price of 1 apple = Rs 1/10 i.e Rs 0.1
So, Cost Price of 12 apples (a dozen) = 12 *0.1
= Rs 1.2
Let the SP be Rs X
Profit = (SP of 12 apples-CP of 12 apples)
Profit = (X-1.2)
Profit ℅ ={ Profit /CP of 12 apples}*100
=>25= {(X-1.2)/1.2}*100
=> (25*1.2)/100 = X -1.2
=>0.3 =X-1.2
X =1.5
So the Selling price should be Rs 1.5 to make a profit of 25℅
Hey mate,
Good afternoon. Please refer the attachment for the solution of the above question.