Shishir bought 4000 oranges at 70 paisa each. But 400 of them were rotten. He sold 2000 oranges at 90 paisa each. If he plans to make a profit of Rs 200,at what rate must he sell the rest of the orange ?
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Step-by-step explanation:
Cost price of 1 orange : 70 paise
Cost price of 2000 oranges : 70 * 2000
: Rs. 1400
Cost price of 4000 orange : 70 paise * 4000
: Rs. 2800
Selling price of 1 orange : 90 paise
Selling price of 2000 orange : 90 paise * 2000
: Rs. 1800
If we want Profit of Rs. 200 in other oranges we sell the other oranges in the price of Rs. 80 each.
: 2000 * 80
: 1600
So, we get the profit of Rs. 200 in other oranges.
: Selling price - Cost price
: 1600 - 1400
: Rs. 200
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