x sends out 100 bags to y costung 1000 each 60 bags were sold at 10 % above cost price sale value will be
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Given:-
No. of total bags = 100
Cost price of bags = ₹1000
No. of bags sold above the cost price = 60
% increase in cost price = 10%
To find:- Sale value
Solution:-
Selling price of 60 bags that were sold at 10% increase will be,
Increase in price = 10% ×1000
= ×1000
= 100
∴ Selling price = Cost price + increase in price
= 1000 + 100
= 1100
Now, the selling value of 60 bags = 60 × selling price
= 60 × 1100
= ₹66000
Hence, the selling value of 60 bags is ₹66000
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