Question

4.Kusum bought 80 cookers at R5.700 EACH: Transport cost her Rs.1280.Ifshe wants a profit of

Rs.18000, What should be the selling price per cooker?​

Answer 1

The selling price of each is Rs.5941

Explanation:

Given

`N = 80` ---- Cookers

`CP = Rs. 5700` --- Cost Price

`Transport = Rs.1280`

`Profit = Rs.18000`

Required

Determine the selling price (SP) of each

First, calculate the total cost price:

`Total = N * CP + Transport`

`Total = 80 * 5700 + 1280`

`Total = 457280`

Selling Price is calculated using:

`Selling\ Price = Cost\ Price + Profit`

`Selling\ Price = 457280 + 18000`

`Selling\ Price = 475280`

So, the total selling price of the 80 cookers is: Rs.475280

The selling price of each is:

`Each = (475280)/(80)`

`Each = 5941`

The selling price of each is Rs.5941