A Fruit Vendor Bought 3 Baskets Of Ripe Mangoes At 1500 Per Basket. Each Basket Contains An Average Of 100 Pieces, Which Were Sold For 20 Per Piece. H

A fruit vendor bought 3 baskets of ripe mangoes at 1500 per basket. Each basket contains an average of 100 pieces, which were sold for 20 per piece. How much will he earn assuming that each basket contains 5 pieces of slightly rotten mangoes which he can still sell at 2/5 less than yhe given price?

 

Total money spend on mangoes = 3×1500 = 4500 Php

A piece costs 20 Php. There are such 100 pieces/basket.

Total pieces = 3×100 = 300.

Money he would recieve by selling it = 300 × 20 = 6000 Php.

But, 5 rotten pieces/ basket and 15 such pieces in whole.

Money he would lose for each piece = 2/5.

Total loss = (2/5) × 15 = 6 Php.

Money he would earn in total = 6000 - 6 = 6994 Php.

Profit = SP-CP = 6994 - 4500 = 2494 Php.


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