A vendor buys 100 kg apples at the rate of 20 per
kg. He sold 40 kg at a loss of 7%. At what price must
he sell the remaining apples to make a profit of 15%
on the sale of all the apples?
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A vendor buys 100 kg apples at the rate of 20 per
kg. He sold 40 kg at a loss of 7%. At what price must
he sell the remaining apples to make a profit of 15%
on the sale of all the apples?
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Answer:
here is ur answer dear.....
Step-by-step explanation:
Cost of 100kg apples = 2000.
Vendor sold 40kg at a 7% loss. The cost of 40kg apples is 800. And with 7% loss, vendor got back = 800*0.93 = 744.
So vendor sold 40kg apples at 744 with 7% loss.
And a 15% profit on total cost of 2000 is, 2000*1.15= 2300.
So to get an overall 15% profit, vendor should sell remaining 60kg apples for a price of, 2300–744 = 1556.
Therefore price of each of remaining 60kg apples should be 1556/60 = 25.94 ~ 26 per kg.