The sales of a balloon seller in seven days of a week are as given below :
Days
Sales ( Rs )
Monday
100
Tuesday
150
Wednesday
125
Thursday
140
Friday
160
Saturday
200
Sunday
250
If the profit is 20% of sales then find out his average profit per day?
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Answer:
Step-by-step explanation:
Total sales=100+150+125+140+160+200+250
=1125
Let the CP=100x
then SP=100x+20x=120x
Thus 120x=1125
x=1125/120=9.375
Daily avg profit=total profit / 7
=20x/7
=20*9.375/7=26.7 %
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