Answer:
The selling price of each is Rs.5941
Step-by-step explanation:
Given
[tex]N = 80[/tex] ---- Cookers
[tex]CP = Rs. 5700[/tex] --- Cost Price
[tex]Transport = Rs.1280[/tex]
[tex]Profit = Rs.18000[/tex]
Required
Determine the selling price (SP) of each
First, calculate the total cost price:
[tex]Total = N * CP + Transport[/tex]
[tex]Total = 80 * 5700 + 1280[/tex]
[tex]Total = 457280[/tex]
Selling Price is calculated using:
[tex]Selling\ Price = Cost\ Price + Profit[/tex]
[tex]Selling\ Price = 457280 + 18000[/tex]
[tex]Selling\ Price = 475280[/tex]
So, the total selling price of the 80 cookers is: Rs.475280
The selling price of each is:
[tex]Each = \frac{475280}{80}[/tex]
[tex]Each = 5941[/tex]
The selling price of each is Rs.5941
