document.write( "Question 885565: A shopkeeper buys 300 identical articles at a total cost of Rs. 1500. He fixes the selling price of each article at 20% above the cost price and sells remaining articles, he sells them at 50% of the selling price. Calculate the shopkeeper's total profit.
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Algebra.Com's Answer #535233 by josgarithmetic(39620)![]() ![]() ![]() You can put this solution on YOUR website! I was ready to start helping with this , but part of the description does not make sense: \"He fixes the selling price of each article at 20% above the cost price\", and \"sells remaining articles, he sells them at 50% of the selling price.\"\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "What remaining articles? No clue given for 50% of the selling price.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "TRYING TO MAKE SENSE: \n" ); document.write( "300 articles, spending 1500 Rs. total, \n" ); document.write( " \n" ); document.write( "- \n" ); document.write( "Fix Selling Price, \n" ); document.write( "- \n" ); document.write( "Sell Them (which?) at \n" ); document.write( "That means the selling price IS NOT FIXED. \n" ); document.write( "If the selling price is fixed, then EITHER it is 6 Rs/item OR 3 Rs/item; NOT BOTH.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "TOTAL PROFIT? \n" ); document.write( "Revenue minus Cost. \n" ); document.write( "The problem description must be wrong. \n" ); document.write( " |