Question
By selling 18 pineapples at Rs.72 a seller suffers a
loss of 40%. At what price should he sell 10 pineapples to get a profit of 50%?Solution
ATQ, Cost price of 18 pineapples = 72 ÷ 0.6 = Rs. 120 So, cost price of 1 pineapple = 120 / 18 = Rs. 6.67 So, cost price of 10 pineapples = 6.67 x 10 = Rs. 66.67 So, required selling price = 66.67 x 1.5 = Rs. 100
Which pricing method is based primarily on cost plus a fixed margin?
Which is an example of up-selling?
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