Question

Q5. Solve

1. Kusumtai brought 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 per cooker?
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Answer 1

Answer:

Rs.941

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Step-by-step explanation:

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Answer 2

Answer:

Rs. 941

Step-by-step explanation:

1 cooker cost = 700

80 cookers cost = 700*80 = 56,000

Transport cost = 1280

Total Cost = 56000 + 1280 = 57,280

Let the total cost be the Cost Price (CP)

==> CP = 57,280

Profit = 18,000

Formula:

Profit = Selling Price (SP) - Cost Price (CP)

==> 18,000 = SP - 57,280

==> SP = 18,000 + 57,280

==> SP = 75,280

==> SP per cooker = 75280 / 80

= 941

Therefore, to gain a profit of Rs. 18,000, Kusumtai have to sell each cooker at Rs. 941.

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