Sameer purchased 1600 pens for rs 24000 and out of total pens 15% are damaged sameer sold 40% of the remaining pens at the price which is 20% less than iys cost price. further he sold 400 pens at the profit of 10%. at what price sameer should sell remaining each pen so that he has no profit or loss?
Answers
Answer:
Step-by-step explanation:
Seema purchased 1600 pens at 24000.
Cost per Pen = 15
15% pens are damaged = 240
Remaining pens = 1600 - 240 = 1360
40% of Remaining pens = 1360 x 40/100 = 544
Sameer sold at 20% less than cost price = 12
So, 544 sold at 12 each
400 sold at 10% profit = 16.5 /pen
Total Pens = 544 + 400 + 240(Damaged Pens) + Left over Pens
1600 = 544 + 400 + 240 + Left over Pens
∴ Left over Pens = 416
To be at no profit no loss, total selling price = 24000
(544 x 12) + (400 x 16.5) + 240 x 0 + 416 * X = 24000
where X is selling price of remaining pens.
assuming damaged pens he can not sell, so price is 0.
6528 + 6600 + 416 * X = 24000
∴ 416 * X = 24000 - (6528 + 6600)
∴ X = 26.12
So he should sell remaining pens at 26.12 a piece.
Answer:
Rs 26.13
Step-by-step explanation:
Sameer purchased 1600 pens for rs 24000 and out of total pens 15% are damaged sameer sold 40% of the remaining pens at the price which is 20% less than iys cost price. further he sold 400 pens at the profit of 10%. at what price sameer should sell remaining each pen so that he has no profit or loss?
1600 pens for Rs 24000
cost price of each pen = 24000/1600 = Rs 15
15 % damaged Pens = (15/100) * 1600 = 240 Pens
Remaining Pens = 1600 - 2400 = 1360 Pens
40 % Of Remaining = (40/100) * 1360 = 544 pens
Sold at 20% less than cost price = 15 - (20/100)* 15 = Rs 12
Selling Price of 544 Pens = 544 * 12 = Rs 6528
400 Pens Sold at 10 % profit
10 % profit selling price = 15 + (10/100)*15 = Rs 16.5
Selling Price of 400 Pens = 400 * 16.5 = Rs 6600
Remaining pen to be sold = 1360 - 544 - 400 = 416 Pens
Amount in which these to be sold = 24000 - 6528 - 6600 = Rs 10872
Price at which remaining pen to be sols = 10872/416 = Rs 26.13