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A shopkeeper buys a product of Rs. 150 per kg. 15% of product was damaged. At what price (per kg.) should he sell the remaining so as to earn a profit of 20%?
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Rs. 208 15 17 -
Rs. 207 13 17 -
Rs. 205 5 17 -
Rs. 211 13 17
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Correct Option: D
Let the shopkeeper buy 100 kg. of product.
⇒ C.P. of 100 kg. of product = Rs. (150 × 100) = Rs. 15000
15% of products is damaged.
Remaining weight of product = 100 - 15 = 85 kg
At a profit of 20% ,
⇒ S.P. of 85 kg. of product = Rs. | 15000 × 120 | = Rs. 18000 | |||
100 |
∴ S.P. of 1 kg. of product = Rs. | 18000 | ||||
85 |
S.P. of 1 kg. of product = | = Rs. 211 | 17 | 17 |