Question

Rahul purchased 62 itens at Rs 350 per item, He invested Rs 2900 in transportation of these items. What should be die selling price of each item if he has to eam 24% profit?​

Answer 1

Answer:

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Step-by-step explanation:

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Answer 2

Answer:

Rs.492

Step-by-step explanation:

C.P of 62 items=Rs.350×62=Rs.21700

price invested in transportation =Rs.2900

total C.P=Rs.21700+Rs.2900=Rs.24600

profit =24%

Then S.P=C.P(1+Profit/100)

=24600(1+24/100)

=(24600×124)/100

=246×124

S.P of each item=(246×124)/62=Rs.492

So the selling price should be Rs.492 for each item.