1.

Kusumtai bought 80 cookers at Rs 700 each. Transport cost her Rs 1280. If she wants a profit of Rs 18000, what should be the selling price per cooker?

Answer»

Cost price of one cooker = Rs 700 

∴ Cost price of 80 cookers = 700 x 80 = Rs 56000 

Transportation cost = Rs 1280 

∴ Total cost price = Cost price of 80 cookers + Transportation cost 

= 56000 + 1280 

= Rs 57280 

Profit = Rs 18000 

Profit = Selling Price – Total Cost Price 

∴ Required selling price = Total cost price + profit 

= 57280 + 18000 

= Rs 75280 

∴ Selling price of 80 cookers = Rs 75280

∴ Selling price of 1 cooker = \(\cfrac{75280}{80}\)= Rs 941

∴ The selling price per cooker should be Rs 941.



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