A fruit vendor bought 800 apples for ₹4,800. He spent ₹800 on transportation. For how much should he sell each apple to get a profit of ₹10 on each apple?
₹17
The problem involves calculating the selling price of apples to achieve a specific profit margin per apple. Let's break down the steps:
Calculate the total cost of purchasing the apples and the additional cost of transportation.
- Cost of 800 apples = ₹4,800
- Transportation cost = ₹800
- Total cost = ₹4,800 + ₹800 = ₹5,600
Find the cost price per apple.
- Cost price per apple = Total cost / Total number of apples = ₹5,600 / 800 = ₹7 per apple
Determine the selling price per apple to achieve a profit of ₹10 per apple.
- Desired profit per apple = ₹10
- Selling price per apple = Cost price per apple + Desired profit per apple = ₹7 + ₹10 = ₹17
Thus, the selling price for each apple to achieve the desired profit is ₹17.
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