Question
The average profit of a shop for the first 3 months is
Rs.500 per month. If the shop owner wants the average profit to be Rs.800 per month over 6 months, what should be the average profit for the remaining months?Solution
ATQ,
Total profit required = 800 × 6 = Rs.4800
Profit in 3 months = 500 × 3 = Rs.1500
Required profit = 4800 - 1500 = Rs.3300
Required average profit in remaining months = 3300 ÷ 3 = Rs.1100 per month
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