Question 75

A person purchases bags at the rate of ₹ 128 per bag. If he sells bags on 20% profit, then what will be the selling price of 15 bags?

Solution

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Cost Price of 1 bag = Rs.128
Cost Price of 15 bags = Rs.1920
Required profit = 20%
Therefore, Required Selling Price = $$\dfrac{120}{100} \times 1920 = Rs.2304$$

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