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A shopkeeper purchased 1000 electric bulbs at Rs.16 each.100 bulbs weredamaged and he sold the remaining bulbs at 12.5% profit. Find the selling price of each.Step by step.ans:rs 20 each |
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Answer» Answer: A shopkeeper PURCHASED 1000 ELECTRIC bulbs at Rs.16 each. Cost Price = 16*1000 = 16,000 100 bulbs were DAMAGED, so remaining for sell, 1000 - 100 = 900 he sold the remaining bulbs at 12.5% profit. SP = 112.5/100*16000 = 18000 Find the selling price of each Selling Price of each = 18000/900 = 20 |
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