Question
A wholesaler buys 200 packets of biscuits for ₹15,000.
During transportation, 15% of the packets get damaged and cannot be sold. If he wants to make a profit of 25% on his total cost, at what price should he sell each of the remaining packets?Solution
Cost price per packet = ₹15,000 ÷ 200 = ₹75 Number of damaged packets = 15% of 200 = 30 Number of sellable packets = 200 - 30 = 170 Total cost price = ₹15,000 To make a profit of 25%, total selling price required = ₹15,000 × 125/100 = ₹18,750 Selling price per packet = ₹18,750 ÷ 170 = ₹110.3 Correct Option: e.
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