I purchased item worth Rs. 1800. I sold Some items and I found that I has made a profit of 30% which incidentaly was equivalent to 15% of my total purchase. How much worth of item did I sell?*1) Rs. 9002) Rs. 7753) Rs. 6754) Rs. 1,125
Question
I purchased item worth Rs. 1800. I sold Some items and I found that I has made a profit of 30% which incidentaly was equivalent to 15% of my total purchase. How much worth of item did I sell?*1) Rs. 9002) Rs. 7753) Rs. 6754) Rs. 1,125
Solution
The problem states that the profit made (30%) is equivalent to 15% of the total purchase.
Step 1: Calculate 15% of the total purchase. 15% of Rs. 1800 = 0.15 * 1800 = Rs. 270
Step 2: Since the profit is equivalent to Rs. 270, and this profit is 30% of the selling price, we can find the selling price. Let's denote the selling price as 'x'. So, 30% of 'x' = Rs. 270 0.30 * x = 270
Step 3: Solve the equation for 'x'. x = 270 / 0.30 = Rs. 900
So, the worth of items sold is Rs. 900. Therefore, the correct answer is 1) Rs. 900.
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