Question 24

Raghuvir bought 10 calculators and 16 watches for Rs. 56000 and sold them at an overall profit of 20%. At what price should he sell 15 calculators and 24 wathces so that he receives the same percentage of profit ?

Solution

Total S.P. of 10 calculators and 16 watches

= $$56,000 \times \frac{120}{100}$$ = Rs. $$67,200$$

Multiplying by $$\frac{3}{2}$$

=> S.P. of 15 calculators and 24 watches

= $$67,200 \times \frac{3}{2}$$ = Rs. $$1,00,800$$

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