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Question
Kusumtai bought 80 cookers at Rs 700 each. Transport cost her Rs 1280. If she wants a profit of Rs 18000, what should be the selling price per cooker?
Solution
Cost price of 1 cooker = Rs 700
∴ Cost price of 80 cookers = 80 × 700 = Rs 56000
Money spent on transport = Rs 1280
Total cost price = cost of 80 cookers + money spent on transport
= 56000 + 1280
= Rs 57280
Kusumtai wants a profit of Rs 18000.
∴ Selling price of 80 cookers = Profit + Total cost price
= 18000 + 57280
= Rs 75280
∴ Selling price of 1 cooker = 75280 ÷ 80 = Rs 941
`80")"overline75280"(941"`
−720
0328
−320
0080
−80
00
Hence, Kusumtai should sell every cooker for Rs 941.
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