Question
Download Solution PDFA vendor buys 20 apples for Rs. 300 and sells them at 15 for Rs. 300. How many apples should be bought and sold to earn a profit of Rs. 300?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Cost Price of 20 apples = Rs. 300
So
Cost price of 15 apples = Rs. 300 × 15/20 = रु. 225
Selling Price of 15 apples = Rs. 300,
Desired Profit = Rs. 300
Concept:
Profit = Selling Price - Cost Price
Solution:
⇒ Profit per apple = (Selling Price of 15 apples - Cost Price of 15 apples)/15
⇒ Profit per apple = (300 - 225)/15 = Rs. 5
⇒ Number of apples = Desired Profit/Profit per apple
⇒ Number of apples = 300/5 = 60
Hence, he should buy and sell 60 apples.
Last updated on Jul 8, 2025
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