A retailer bought articles for each, articles for each, and articles for . Find the selling price per article if the profit is supposed to be of the average cost price.
- ARs. 15.16
- BRs. 15.20
- CRs. 15.24
- DRs. 15.28
Solution & Step-by-step Explanation
Let's first calculate the total cost price (CP) of all the articles:
Total number of articles bought:
Now, find the average cost price per article:
The required profit is of the average cost price. Therefore, the selling price (SP) per article will be of the average cost price:
Total number of articles bought:
Now, find the average cost price per article:
The required profit is of the average cost price. Therefore, the selling price (SP) per article will be of the average cost price: