Sum

Javedbhai bought 35 electric mixers for Rs. 4300 each. To transport them to the shop, he spent Rs. 2100. If he expects to make a profit of Rs. 21000, at what price should he sell each mixer?

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#### Solution

Cost price of one mixer Rs. 4300.

Hence cost price of 35 mixers = 4300 × 35 = Rs. 150500

Total cost price = cost of mixers + cost of transport

= 150500 + 2100

= Rs. 152600

Javedbhai wants a profit of 21000 rupees.

∴ Hence, amount expected on selling = 152600 + 21000 = Rs. 173600

Selling price of 35 mixers = Rs. 173600

∴ Selling price of one mixer = 173600 ÷ 35 = Rs. 4960

Javedbhai should sell every mixer for Rs. 4960.

Is there an error in this question or solution?

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