Sudhir earned a profit of 20% by selling 60 apples at the rate of 42.50 for 5 apples. Find the total cost at
which the apples were bought.
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Answer:
Step-by-step explanation:
Sp of 5 apples = 42.50
SP of 1 apples = \frac{42.50}{5}=8.5
5
42.50
=8.5
SP of 60 apples = 8.5 \times 60 =5108.5×60=510
Profit% = 20%
Cp=\frac{SP \times 100}{100+P\%}=\frac{510 \times 100}{100+20}=425Cp=
100+P%
SP×100
=
100+20
510×100
=425
Hence The cost at which the apples were bought was 425
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