wamiq purchased 50 dozen oranges for Rs 450 . Four dozen oranges could not be sold because they were rotten. At what price per dozen should he sell the remaining oranges so that he makes a profit of 18 percent
Answers
Answer:
Step-by-step explanation
purchase price=50*450=Rs 22500
price after 18% profit
=118/100*22500=26550
Remaining oranges except rotten=50-4=46 dozen
sell rate=26550/46= Rs 577.17 per dozen
Answer:
Rs 577.17
Step-by-step explanation:
Given:
Price of purchasing 1 dozen oranges =450
No.of dozens oranges are rotted = 4
To earn profit = ?
To find: Selling rate of oranges
Price of purchasing = 50 * 450
So, the price after getting the 18% profit
=> 118/100*22500
=> 26550
No. of dozens rotten oranges = 4
Therefore,
Remaining oranges = 50-4
= 46
Selling rate of oranges = 26550/46
= Rs 577.17
Therefore, Wamiq should sell the oranges at the rate of 577.17 dozen to make a profit of 18%.