aptitude questions
a sports dealer bought 2000hockey sticks for Rs 350 each.10%of them were found to be defective and unfit to be sold.At what price should he sell the remaining to get an overall profit of 8%?
Replies
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hemtapase
"420 rs to get 8 % profiit "cindrillaa sports dealer bought 2000hockey sticks for Rs 350 each.10%of them were found to be defective and unfit to be sold.At what price should he sell the remaining to get an overall profit of 8%? -
cindrillahey can u give me the detailed explanation im just confused
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Saandeep SreerambatlaTotal money spent = 2000* 350 = 7 Laks.
Expected Profit = 8 % He is supposed to get total money by selling all the sticks = 7 Laks + 8 %*7Laks) = 756000/-.
10 Percent defective , so 2000 -200 = 1800 left.
so 756000/1800 = 420/-.
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