Question

Shishir bought 4000 orange at 70 paisa each. But 400 of them were rotten. He sold 2000 oranges at 90 paisa each.If he plans to make a profit of RS 200 , at what rate must he sell the rest of the oranges ?

Answer 1

He needs to sell the rest of the oranges at 75 paisa each.

Explanation:

Consider the given information that, Shishir bought 4000 orange at 70 paisa each.

Note: 1 rupees = 100 paisa

Thus, 70 paisa = 70/100 rupees = 0.70 rupees

Therefore, the cost price of 4000 oranges is:

4000×0.70 rupees = 2800 rupees

The selling price of 2000 oranges is:

2000×0.90 rupees = 1800 rupees

The number of oranges now Shishir have:

4000 - 2000 - 400 = 1600

He wants to make a profit of RS 200. Thus the selling price of 4000 oranges should be:

2800 rupees + 200 rupees = 3000 rupees

He earned 1800 rupees by selling 2000 oranges at 90 paisa. So, the remaining amount that he needs to make with 1600 oranges is:

3000 rupees - 1800 rupees = 1200 rupees

Therefore, the cost of one orange is:

1600 oranges = 1200 rupees

1 orange = 1200/1600 rupees

1 orange = 0.75 rupees

Hence, he needs to sell the rest of the oranges at 75 paisa each.