Answer:
₹165.79
Step-by-step explanation:
Given:-
No. of electric bulbs = 1000
cost of each electric bulb = ₹ 150
No. of bulbs broken = 50
Selling price of each bulb = x
Profit percentage = 5%
To Find:-
The selling price of each bulb.
Solution:-
Cost price of 1000 electric bulbs,
= 1000 × ₹150
= ₹1,50,000
5% profit on the total cost price,
= {5}/{100}× ₹150000
= ₹7500
Total selling price = ₹157500
No. of bulbs remaining = 950
Therefore, selling price of each bulb,
= {₹157500}/{950}
= ₹165.79
Therefore,
Selling price of each bulb = ₹165.79
