Question

Q3. A shopkeeper buys 300 bowls for
36,000. The cost of each bowl is the
same. Of these bowls, he sells 100
bowls at a loss of 10%. What must be
the selling price of each of the
remaining bowl in order to earn an
overall profit of 25%?
Your answer​

Answer 1

Answer:

The final 200 bowls need to be sold at a rate of 108.3333

Step-by-step explanation:

Given,

A shopkeeper has bought 300 bowls for 36000. He has sold 100 bowls for a loss of 10%. We need to find the selling price of each remaining bowl to have an overall profit of 25%.

Price of one Bowl = 36000 / 300 = 83.3333

Let x is the selling price of the first 100 bowls.

Let y is the selling price of the next 200 bowls.

Loss = 83.3333 - x

10  = 83.333 - x

x = 83.333 - 10

x = 73.3333

Then,

25 = 200 * x - 83.333

25 + 83.333 = 108.3333

How to find profit

https://brainly.in/question/942502

Similar Problem

https://brainly.in/question/2023699

#SPJ1