400 pears were purchased at the rate of ₹1200 per hundred and sold at a profit of ₹1000. Find the selling price per dozen pears (in ₹).
Given:
Purchase rate = ₹1200 per hundred pears
Total number of pears = 400
Profit = ₹1000
Formula Used:
Selling Price = Cost Price + Profit
Solution:
Cost price per hundred pears = ₹1200
Therefore, cost price for 400 pears = = ₹4800
Total Selling Price = Cost Price + Profit
Total Selling Price for 400 pears = ₹4800 + ₹1000 = ₹5800
Selling Price of 1 pear =
1 dozen = 12 Pears
Selling Price of 12 Pears =
The selling price per dozen pears is ₹174.
English
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