Sudhir bought 20 dozen of oranges at the rate of RS 3 each. 40 of them are rotten and unfit to sell. He sold 100 of them at the rate of RS 2 at what rate should he sell the remaining oranges to make a profit of 10% on the whole outlay?
Answers
Given :- Sudhir bought 20 dozen of oranges at the rate of RS 3 each. 40 of them are rotten and unfit to sell. He sold 100 of them at the rate of RS 2 at what rate should he sell the remaining oranges to make a profit of 10% on the whole outlay ?
Solution :-
→ Total oranges bought by sudhir = 20 dozen = 20 * 12 = 240 oranges .
so,
→ CP of all oranges = 3 * 240 = Rs.720
→ Profit = 10%
→ SP = CP * (100 + profit%)/100 = (720 * 110)/100 = Rs.792
now, since 40 of the oranges are rotten, so left 200 oranges were sold .
now,
→ SP of 100 oranges = 100 * 2 = Rs.200
then,
→ SP of left 100 oranges is = Total SP - SP of 100 oranges = 792 - 200 = Rs.592
therefore,
→ Rate of each mango = 592/100 = Rs.5.92 (Ans.)
Hence, he must sell the remaining oranges at Rs.5.92 each to make a profit of 10% on the whole outlay .
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Solution :
Total oranges bought by sudhir 20
dozen 20 × 12 = 240 oranges
So,
CP of all oranges = 3 × 240 = Rs.720
Profit = 10%
SP CP × (100 + profit%)/100 =
(720× 110 ) / 100= Rs.792
now, since 40 of the oranges are rotten,
so left 200 oranges were sold.
now,
SP of 100 oranges = 100 × 2 Rs.200
then,
SP of left 100 oranges is = Total SP - SP of 100 oranges 792 - 200 Rs.592
Rate of each mango = 592/100 Rs. 5.92
Hence, he must sell the remaining
oranges at Rs.5.92 each to make a profit
of 10% on the whole outlay.