Question
Merchant bought 60 sheep at Rs. 120 per sheep. He sold
40 of them at Rs. 150 each. 10 of them died. What should be the selling price of the remaining sheep, if he wants a profit of Rs. 800?Solution
Total C.P. = 60 × 120 = Rs.7200 Profit = Rs.800 So, S.P. = Rs.8000 He sold 40 at Rs.150 each. = 40 × 150 = Rs.6000 10 Died Remaining amount = 8000 – 6000 = Rs.2000 The rate at which he sells the remaining sheep’s= 2000/10=200 Rs per each
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