SAtish 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?

Options
1) Rs 1,900
2) Rs 2,000
3) Rs. 1,800
4) Rs 2,050
5) Rs 2,200

• He sold 4 cycles for 8400 rs
  [It means each cycle price is 2100Rs]
  And again he sold 3 cycles for 1900 Rs each
  if He want to gain avg profit on each cycle is 320 Rs per cycle.
  So profit for each cycle is 320 Rs ,
  10* 320=3200Rs
  He already got 1850 Rs profit by selling 7 cycles.
  3200-1850=1350
  So from remaining 3 cycles we want to get 1350 rs profit ,
  1350/3=450
  so we want sell remaining 3 cycles at 2200 rs each one
• 8 years agoHelpfull: Yes(11) No(2)
• 1-1750 , 10=17500,(with out profit)
  4-8400, 3-5700(1=1900),==>14100(7 cycles with profit)(remaining 3 =? )
  but, 1-320, 10= 3200(profit)
  therefore, 17500+3200 =20700(with profit)
  
  20700-14100= 6600
  6600/3
  =2200/-(per cycle)
• 7 years agoHelpfull: Yes(4) No(1)