Question 60

The Pie chart given below presents the distribution of costs of making a water bottle by a company. If the company earns 20% on cost per bottle and the cost of packaging one bottle is ₹0.50, then what is the selling price of one bottle?

Solution

If the company earns 20% on the cost per bottle and the cost of packaging one bottle is ₹0.50.

cost of packaging one bottle = 5% = ₹0.50

1% = ₹0.10

The total cost of making a water bottle = 100% = ₹10

The profit on each bottle is 20% of the cost price.

So the selling price of one bottle = ₹10 of (100+20)%

= ₹10 of 120%

= ₹12

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