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Question Number 2
A vendor has 900 apples. He sells 40 percent of apples he had and throws away 20 percent of the
remainder. Next day he sells 50 percent of the remainder and throws away the rest. By what
percentage should the selling price be higher than the cost price to break even?
O 85%
0 64%
58%
0
56%
Answers
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0
Step-by-step explanation:
- So a vendor has 900 apples.
- he sells 40% of apples so it will be 40 / 100 x 900 = 360
- he throws away 20% of the remainder
- So 900 – 360 = 540
- So 20/100 x 540
- = 108
- Now he sells 50% of the remainder
- So 540 – 108 = 432
- So 50 / 100 x 432
- = 216
- he throws away the remaining 216 apples
- Now total apples sold will be 360 + 216 = 576
- Also thrown away apples will be 108 + 216 = 324
- Now let the cost price be 1
- Therefore cost of 900 apples will be Rs 900
- Now to break even 576 apples should cost Rs 900
- So the cost of 1 apple will be 576 / 900 = 0.64
- = 0.64 / 1 x 100
- = 64 %
Reference link will be
https://brainly.in/question/1616194
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