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Question
Shoab sells 1 kg iron for ₹14. What should be his selling price if he wanted to earn extra ₹64 on selling 32 kg of iron?
Shoab sells 1 kg iron for ₹14. What should be his selling price if he wanted to earn extra ₹64 on selling 32 kg of iron?
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Solution
The correct option is C ₹16
Selling price of 1 kg iron = ₹14
Extra money that he needs to earn = ₹64
Total quantity = 32 kg
So increase in selling price = ₹64 ÷ 32
= ₹2
Total selling price to have extra earning = ₹2 + ₹14
= ₹16
Selling price of 1 kg iron = ₹14
Extra money that he needs to earn = ₹64
Total quantity = 32 kg
So increase in selling price = ₹64 ÷ 32
= ₹2
Total selling price to have extra earning = ₹2 + ₹14
= ₹16
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