17. A dealer bought 250 birthday caps at rate of?7 per cap. Due to rai – InterviewSolution

1.	17. A dealer bought 250 birthday caps at rate of?7 per cap. Due to rain, 10 caps were spoiled. At whatprice should he sell the remaining caps so as to gain 20%?
Answer» 250 cakes at rate of 7so C.P.=2507=1750now gain need is 20%so S.P.= 17501.2=2100now 10 cakes are spoiled so remaining are 250-10=240so required price=2100/240=8.75 per cake

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