Answer: 2:1
Explanation:
a) The total selling price of 20 mobile sets is Rs. 3,00,000. Therefore, the selling price of each mobile set is:
Selling price of each mobile set = Total selling price ÷ Number of mobile sets sold
= 3,00,000 ÷ 20
= Rs. 15,000
Therefore, the selling price of each mobile set is Rs. 15,000.
b) The cost of each mobile set is given as Rs. 12,500. The total cost of 20 mobile sets is:
Total cost = Cost of each mobile set × Number of mobile sets sold
= 12,500 × 20
= Rs. 2,50,000
The profit made by the shopkeeper is the difference between the selling price and the cost price of the mobile sets:
Profit = Selling price - Cost price
= 3,00,000 - 2,50,000
= Rs. 50,000
Therefore, the profit made by the shopkeeper is Rs. 50,000.
The profit percent is given by:
Profit percent = (Profit ÷ Cost price) × 100
= (50,000 ÷ 2,50,000) × 100
= 20%
Therefore, the shopkeeper made a profit of 20%.
c) The ratio of the length to the breadth of each mobile set is:
Length:breadth = 12:6
= 2:1
Therefore, the ratio of the length to the breadth of each mobile set is 2:1.