Question

20 mangoes are bought at $Rs.60$. If they are sold at $33\frac{1}{3}$ percent profit, find:
i) selling price of each mango.
ii) $S.P$. of $8$ mangoes.

Answer 1

Cost price of $20$ mangoes $=Rs60$

Selling price of $20$ mangoes $=60+\frac{100}{300}\times 60$

hence, selling price is $Rs80$

$i)$therefore, selling price of each mango$=Rs\frac{80}{20}$

therefore, selling price of each mango is $Rs4$

$ii)$ now, selling price of $8$ mangoes are$=Rs4\times 8$

therefore, selling price of $8$ mangoes are$Rs32$