400 apples were bought at Rs. 1220 per hundred and were sold at a profit of Rs. 920. Find the selling price (in Rs. ) per dozen of apples.
Given:
400 apples bought at Rs 1220 per hundred
Total profit = Rs 920
Solution:
Cost price for 400 apples = × 400 = Rs. 4880
Total selling price = 4880 + 920 = Rs. 5800
Selling price per apple = = Rs 14.5
Selling price per dozen = 14.5 × 12 = Rs 174
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