1.

1/4 of a commodity is sold at 25% profit 1/8 of it is sold at 40% profit and the remaining at 30% profit. If the total profit is Rs. 240, what is the value of the commodity ?

Answer»

RS. 800



Let the VALUE of the COMMODITY be Rs. X.
∴ x/4 x 25/100 + x/8 x 40/100 + (x - x/4 - x/8) x 30/100
= 240
x/16 + x/20 + 3x/16 = 240



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