A floweriest buys 100 dozen roses at Rs 2 a dozen. By the time the flo

1.	A floweriest buys 100 dozen roses at Rs 2 a dozen. By the time the flowers are delivered, 20 dozen roses are mutilated and are thrown away. At what price should he sell the rest if he needs to make a 20% profit on his purchase?
Answer» Given cost of 1 dozen roses = Rs. 2 Number of roses bought by the florist = 100 dozens Thus, cost price of 100 dozen roses = 2 x 100 = Rs. 200 Roses left after discarding the mutilated ones = 80 dozens Calculating the price at which the florist should sell the 80 dozen roses in order to make a profit of 20%, we have Profit % = ((SP-CP)/CP) x100 = ((SP-200)/200) x 100 40 = SP – 200 SP = Rs. 240 Therefore, the SP of the roses should be Rs. 240/80 = Rs. 3 per dozen.

A floweriest buys 100 dozen roses at Rs 2 a dozen. By the time the flowers are delivered, 20 dozen roses are mutilated and are thrown away. At what price should he sell the rest if he needs to make a 20% profit on his purchase?

Answer»

Given cost of 1 dozen roses = Rs. 2

Number of roses bought by the florist = 100 dozens

Thus, cost price of 100 dozen roses = 2 x 100 = Rs. 200

Roses left after discarding the mutilated ones = 80 dozens

Calculating the price at which the florist should sell the 80 dozen roses in order to make a profit of 20%, we have

Profit % = ((SP-CP)/CP) x100 = ((SP-200)/200) x 100

40 = SP – 200

SP = Rs. 240

Therefore, the SP of the roses should be Rs. 240/80 = Rs. 3 per dozen.