Mathematics
Thirty articles are bought at ₹ 450 each. If one-third of these articles are sold at 6% loss; at what price must each of the remaining articles be sold in order to make a profit of 10% on the whole ?
Profit, Loss & Discount
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Answer
Given:
C.P. of 1 article = ₹ 450
C.P. of 30 articles = ₹ 450 x 30 = ₹ 13,500
Profit desired on the whole = 10%
Putting the values, we get
As we know,
Putting the values, we get
C.P. of articles = ₹
= ₹
= ₹
Loss on it = 6%
Putting the values, we get
As we know,
Putting the values, we get
The S.P. of the rest of the articles = ₹ 14850 - ₹ 4230 = ₹ 10620
Total articles = 30
Two - third of articles = = 20
The S.P. of each of the 20 articles = ₹ = ₹ 531
The selling price of each of the article = ₹ 531.
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