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A shopkeeper bought two sets of colouring pens for ₹1090 and sold them at a propit of ₹99 each. what was the selling price of one set of colouring pens?
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A shopkeeper bought two sets of colouring pens for ₹1090 and sold them...
Understanding the Purchase
The shopkeeper bought two sets of colouring pens for a total of ₹1090. To find out the cost of one set, we need to divide the total cost by the number of sets.
Cost of One Set
- Total Cost = ₹1090
- Number of Sets = 2
To find the cost of one set:
- Cost of One Set = Total Cost / Number of Sets
- Cost of One Set = ₹1090 / 2 = ₹545
Calculating the Selling Price
The shopkeeper sells each set at a profit of ₹99. This means that the selling price is the cost of one set plus the profit.
Formula for Selling Price
- Selling Price = Cost Price + Profit
Now, we can calculate the selling price of one set:
- Selling Price = Cost of One Set + Profit
- Selling Price = ₹545 + ₹99 = ₹644
Conclusion
The selling price of one set of colouring pens is:
- Selling Price = ₹644
This means that for each set sold, the shopkeeper earns a total of ₹644.
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A shopkeeper bought two sets of colouring pens for ₹1090 and sold them at a propit of ₹99 each. what was the selling price of one set of colouring pens?
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A shopkeeper bought two sets of colouring pens for ₹1090 and sold them at a propit of ₹99 each. what was the selling price of one set of colouring pens? for Class 5 2024 is part of Class 5 preparation. The Question and answers have been prepared according to the Class 5 exam syllabus. Information about A shopkeeper bought two sets of colouring pens for ₹1090 and sold them at a propit of ₹99 each. what was the selling price of one set of colouring pens? covers all topics & solutions for Class 5 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A shopkeeper bought two sets of colouring pens for ₹1090 and sold them at a propit of ₹99 each. what was the selling price of one set of colouring pens?.
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