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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? |
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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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