Hemant sold 10 sarees for a total profit of Rs. 460 and 12 sarees for total profit of Rs. 144. At wh

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15 Jan 2021 Percentage

Hemant sold 10 sarees for a total profit of Rs. 460 and 12 sarees for total profit of Rs. 144. At what profit per saree should he sell the remaining 20 sarees so that he gets an average profit of Rs. 18 per saree?

OPtion

1) 7.40
2) 6.80
3) 7.10
4) 7.90
5) 7.80
6) 7.50
7) 7.60
8) 8.00
9) 8.20
10) None of the above

Solution

Total Profit required = Rs, ( 42 x 18)= 756
Profit on 22 sarees = (460+144) = 604
Profit on 20 sarees = (756 – 604) = 152
Average profit on these sarees = (150/20) = Rs.7.60

Correct Option: 7 Best Solution (0)