the shopkeeper have 16 apple and second shopkeeper have 17 Apple's what is perimeter of the sentence
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Class 8
>>Maths
>>Comparing Quantities
>>Prices Related to Buying and Selling
>>A shopkeeper buys 80 articles for Rs. 2,
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A shopkeeper buys 80 articles for Rs. 2,400 and sells them for a profit of 16%. Find the selling price of one article.
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Cost price of 80 articles = Rs. 2400
Profit on 80 articles =16%
∴ Profit (Rs.) =
100
16
×2400=384
Selling Price of 80 articles = Cost Price + Profit
=2400+384
=Rs. 2784
∴ Selling price of 1 article =
80
2784
=34.8
So, the selling price of 1 article is Rs. 34.8.
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So the selling price of one apple is ₹ 34. 8
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