1.

Divya buys 35 apples from a shopkeeper at a rate of Rs. 1.25 per apple. She sells it to Meha at a profit of 15%. However Meha herself eats 7 apples. Still after selling those apples, she gains a profit of 20%. For how much does Meha sell each apple?1). Rs. 1.52). Rs. 1.8513). Rs. 2.1564). Rs. 2.25

Answer»

$(CP\; = \;\frac{{SP}}{{1\; + \;profit\% }})$

SP = CP(1 + Profit%)

Where, CP = cost price

SP = Selling Price

For DIVYA, CP = 35 × 1.25 = Rs. 43.75, Profit = 15%

∴ SP = 43.75 (1 + 0.15) = 43.75 × 1.15 = Rs. 50.3125 for 35 apples

For Meha, CP = Rs. 50.3125 for 35 apples

She eats 7 apples.

∴ She has 28 apples now.

Profit % = 20%

∴ SP = 50.3125(1 + 0.2) = Rs. 60.375 for 28 apples.

MEHAK sells each banana at a price of Rs. 2.156.


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