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?

• A. ₹12
• B. ₹14
• C. ₹16
• D. ₹18

Answer 1

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