A shopkeeper undertakes to supply 2000 tables | vedclass

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Question

(A) Step $1$: Calculate the estimated cost price (outlay).Total tables = $2000$.Selling price per table = $Rs. 1725$.Estimated defective tables $(10\%

Vedclass · Accepted Answer

$607500$

Vedclass · Answer

(A) Step $1$: Calculate the estimated cost price (outlay).Total tables = $2000$.Selling price per table = $Rs. 1725$.Estimated defective tables $(10\%)$ = $200$.Selling price of $200$ defective tables at $50\%$ of original price = $200 	imes (1725 	imes 0.5) = Rs. 172500$.Remaining tables = $1800$.Selling price of $1800$ good tables = $1800 	imes 1725 = Rs. 3105000$.Total estimated revenue = $172500 + 3105000 = Rs. 3277500$.Since this includes a $15\%$ profit,Cost Price $(CP)$ = $\frac{3277500}{1.15} = Rs. 2850000$.Step $2$: Calculate the actual selling price.Actual defective tables $(70\%)$ = $1400$.Actual good tables $(30\%)$ = $600$.Actual revenue = $(600 	imes 1725) + (1400 	imes 862.5) = 1035000 + 1207500 = Rs. 2242500$.Step $3$: Calculate the loss.Loss = $CP - 	ext{Actual Revenue} = 2850000 - 2242500 = Rs. 607500$.

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