Question
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Mrs. Shakya is a wholesaler. She has bought 15 similar cartons of
cooking oil from a dealer, each carton containing 12 bottles of ait. When
she reached her shop and opened the cartoon, she found that 5 bottes
were broken and not fit for sale.
(a) Write the formula to find the loss percent.
(b) She sold each of the remaining bottles of oil for Rs 824 and made
. What was her cost prioe?
© How much less or more than Rs 400 strould she sell each bottle

Ask by Pearson Rogers. in Nepal
Mar 26,2025

Upstudy AI Solution

Tutor-Verified Answer

Answer

(a)
The loss percent is calculated as .
(b)
Mrs. Shakya’s cost price per bottle is approximately Rs .
©
She sold each bottle for Rs more than Rs .

Solution

(a)
Let the total cost price be and the cost of the unsellable (broken) bottles be . Then the loss percent is given by
In this problem the loss occurs because some bottles are broken. If the cost per bottle is , then the cost of the broken bottles is and the total cost is . In that case,
(b)
Let the cost price per bottle be . Although Mrs. Shakya bought 180 bottles, 5 bottles were broken. Thus, the sale is made on 175 bottles. However, the overall cost is still based on 180 bottles, i.e., the total cost is
The total selling price is
Given that she made an overall profit of , we have
Substituting,
It is simpler to work with the fraction without the factor , so write
First, compute
Now solve for :
Since , the equation becomes
Combine like terms:
Thus,
Simplify by dividing numerator and denominator by 2:
This is the exact cost price per bottle. In decimal form,
So her cost price per bottle is approximately Rs .
©
Mrs. Shakya sold each bottle for Rs . We are asked how much less or more than Rs this selling price is. The difference is
Since is greater than , she sold each bottle for Rs more than Rs .

Answered by UpStudy AI and reviewed by a Professional Tutor

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Explain
Simplify this solution

The Deep Dive

To find the loss percent, you can use the formula:
Loss Percent = (Loss / Cost Price) × 100
In Mrs. Shakya’s case, her loss is due to the 5 broken bottles out of the total she received. This formula will help her determine how much of a percentage loss she’s incurred from broken stock!
Mrs. Shakya sold each remaining bottle for Rs 824 and made a 10% profit. To find her cost price, you’ll need to calculate the selling price using the formula:
Selling Price = Cost Price + (10% of Cost Price).
So, if you reverse this to find her cost price, you can set up the equation where Selling Price = 1.10 × Cost Price. Just plug in Rs 824 into this equation and solve to understand her original investment in those tasty cooking oils!
Now, as for selling price variations, if Mrs. Shakya’s cost price per bottle turns out to be less than Rs 400, then selling it just above that price will yield higher profits. If it’s above Rs 400, then her pricing strategy might need a little adjustment, perhaps to cover shipping or other costs. This could be done by effectively calculating how much more or less than Rs 400 she should strategically price her bottles!

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