QUESTION 13- If 20% apple from a cart are rotten and the remaining apple are sold at 20% discount the seller gets 92%profit on the cost price of the whole cart by what percent above the cost price Has the seller marked up the apples?
1. 180% 2. 250% 3. 280% 4. 200%
Answers
Answer:
let the cart have 100 apples .
assume 1apple=100₹
so 100apples=10,000₹
20% apples are rotten and remaining apples are 80.
20% discount means loss so the selling price of 80 apples is 80*80=6400.
To get 92% profit = profit % * cp
> = 92/100 * 10,000 = 9200 .
Total selling price to get 92% profit is 10,000+9,200= 19,200
The seller marked up the prices = 19,200-6400/6400 *100 =200%
Given : 20% apple from a cart are rotten and the remaining apple are sold at 20% discount the seller gets 92%profit on the cost price of the whole cart
To Find : by what percent above the cost price Has the seller marked up the apples
Solution:
Cost price = 100x
Apples = A
Total CP = 100Ax
Profit = 92 % = (92/100)100Ax = 92Ax
Selling Price = 100Ax + 92Ax = 192Ax
20% apple got rotten
Hence apples sold = A - (20/100)A = 0.8A
Sell price of Apple = 192Ax/0.8A
= 240x
Let say MRP = y
Discount = 20 %
=> y - (20/100)y = 240x
=> 0.8y = 240x
=> y = 300x
300x - 100x = 200x
Hence seller marked up the price = (200x/100x) * 100 = 200 %
Seller marked up the price by 200%
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