Subject
Quantitative Aptitude
Topic
Number
Srinivas bought 10 cycles for Rs. 1,750 each. He sold 4 cycles for Rs 8,400, 3 for Rs 1900 each . At what price should he sell the remaining cycles so as to earn an average profit of Rs 320 per cycle ?
Srinivas bought 10 cycles for Rs. 1,750 each. He sold 4 cycles for Rs 8,400, 3 for Rs 1900 each . At what price should he sell the remaining cycles so as to earn an average profit of Rs 320 per cycle ?
ক)
Rs. 1580খ)
Rs. 2200গ)
Rs. 1785ঘ)
Rs. 1950Explanation
He sold 4 cycles for Rs. 8400 [It means each cycle price is Rs. 2100] And again he sold 3 cycles for Rs. 1900 each If he want to gain avg profit on each cycle is Rs. 320 per cycle. So profit for 10 cycles is @ Rs.320 is, 10 x 320 = Rs. 3200 He already got Rs. 1850 profit by selling 7 cycles. Now, remaining amount is 3200 - 1850 = 1350 So from remaining 3 cycles we want to get Rs. 1350 profit , 1350/3 = 450 so he must sell remaining 3 cycles at Rs. 2200 each one.Related questions
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