A woman sold 15 bedsheets for rs.15, 000. Hence gaining 5 bedsheet's cost prices. The cost per sheet is___________

Given:

A woman sold 15 bed sheets for Rs.15000

Profit gained = cost price of 5 bed sheet’s

To find:

Cost of one bed sheet = ?

Solution:

The selling price of 15 bedsheet is Rs. 15000

That indicates that the selling price of a single bed sheet is

\(\frac{Total selling price}{total number of units}=\frac{15000}{15}= Rs 1000\)

The cost price of a single bed sheet is X

The cost price of 15 bedsheet is = 15X

The gain price is 5X, therefore, according to the formula

Gain = SP – CP

5X= SP – 15X

20X = SP with SP being 15000

The cost price of a single bedsheet is = 15000 / 20= 750

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