(b) How much the selling price should be fixed for pulse bought for Rs.70 per kg. to earn a profit of Rs.6 after allowing a 5 %
discount?
1 answer:
Answer:
Rs. 80
Step-by-step explanation:
Given that :
Purchase price = 70
Profit = 6
Discount = 5%
Let selling price = x
Selling price * (1 - discount) = (purchase price + profit)
x * (1 - 5%) = (70 + 6)
x * (1 - 0.05) = 76
x * 0.95 = 76
0.95x = 76
x = 76 / 0.95
x = 80
Hence, selling price = Rs. 80
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