Aayush buys 70 cups, at the rate of Rs 20 each, but he could sell only 50 cups and earned a profit of 717717%. At what rate did he sell each cup?Rs 25Rs 27Rs 22Rs 30
Question
Aayush buys 70 cups, at the rate of Rs 20 each, but he could sell only 50 cups and earned a profit of 717717%. At what rate did he sell each cup?Rs 25Rs 27Rs 22Rs 30
Solution
First, let's calculate the cost price of the cups that Aayush bought. He bought 70 cups at the rate of Rs 20 each, so the total cost price is 70 * 20 = Rs 1400.
Next, let's calculate the selling price. Aayush sold 50 cups and earned a profit of 717717%. This seems like a typo, but let's assume the profit is 717%. The profit is calculated on the cost price, so the profit amount is 717/100 * 1400 = Rs 10038.
The total selling price is the cost price plus the profit, which is 1400 + 10038 = Rs 11438.
Finally, let's calculate the selling price per cup. Aayush sold 50 cups for Rs 11438, so the selling price per cup is 11438 / 50 = Rs 228.76.
None of the options provided (Rs 25, Rs 27, Rs 22, Rs 30) match this calculation. There might be a mistake in the question or the options provided.
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