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Joginder is a fruit seller. The following information relates to his weekly sales. 40 customers visited his shop last week. If unit cost is 60% of the unit price, calculate unit price and unit cost. - Entrepreneurship

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Question

Joginder is a fruit seller. The following information relates to his weekly sales.

Fruit Price (per kg) Units sold (in kgs)
Apple 200 50
Mango 350 40
Watermelon 300 20
Leechi 250 40

40 customers visited his shop last week.

If unit cost is 60% of the unit price, calculate unit price and unit cost.

Numerical
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Solution

Fruit Price (per kg) Units sold (in kgs) Price × Units
Apple 200 50 10,000
Mango 350 40 14,000
Watermelon 300 20 6,000
Leechi 250 40 10,000
      40,000

Unit Price = `(40,000)/40`

= ₹ 1,000

Unit Cost = `1,000 xx 60/100`

= ₹ 600

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