At a cost of 60 paise per article,Sarika prod | vedclass

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Question

(A) Total cost price $(CP)$ of $750$ articles $= 750 	imes 0.60 = Rs. 450$.To make a $40 \%$ profit on the total outlay $(Rs. 450)$ by selling only $

Vedclass · Accepted Answer

$47 \% 	ext{ profit}$

Vedclass · Answer

(A) Total cost price $(CP)$ of $750$ articles $= 750 	imes 0.60 = Rs. 450$.To make a $40 \%$ profit on the total outlay $(Rs. 450)$ by selling only $600$ articles,the required total selling price $(SP)$ is:$SP = 450 + (0.40 	imes 450) = 450 	imes 1.4 = Rs. 630$.Therefore,the selling price per article is:$SP 	ext{ per article} = \frac{630}{600} = Rs. 1.05$.Sarika sells $630$ articles at this price. Her actual total revenue is:$Total 	ext{ } SP = 630 	imes 1.05 = Rs. 661.5$.Actual profit $= Total 	ext{ } SP - Total 	ext{ } CP = 661.5 - 450 = Rs. 211.5$.Actual profit percentage $= \left( \frac{211.5}{450} ight) 	imes 100 = 47 \%$.Thus,Sarika earns a $47 \%$ profit on her total investment.

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