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A man sells calculator at the rate of ₹ ...

A man sells calculator at the rate of ₹ 250 each which includes a profit of 14%.What amount of profit will he earn in 19 days, if he sells seven calculators per day ?

A

₹ 4665

B

₹ 4565

C

₹ 4545

D

None of the above

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AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow these steps: ### Step 1: Determine the Selling Price and Profit Percentage The selling price (SP) of one calculator is given as ₹250, and the profit percentage is 14%. ### Step 2: Calculate the Cost Price (CP) To find the cost price (CP), we can use the formula: \[ CP = \frac{100}{100 + \text{Profit Percentage}} \times SP \] Substituting the values: \[ CP = \frac{100}{100 + 14} \times 250 \] \[ CP = \frac{100}{114} \times 250 \] \[ CP = \frac{25000}{114} \approx 219.30 \] ### Step 3: Calculate the Profit per Calculator Now, we can calculate the profit earned on each calculator: \[ \text{Profit} = SP - CP \] Substituting the values: \[ \text{Profit} = 250 - 219.30 \approx 30.70 \] ### Step 4: Calculate the Total Profit in 19 Days The man sells 7 calculators per day. Therefore, in 19 days, he sells: \[ \text{Total calculators sold} = 7 \times 19 = 133 \] Now, we can calculate the total profit earned in 19 days: \[ \text{Total Profit} = \text{Profit per calculator} \times \text{Total calculators sold} \] Substituting the values: \[ \text{Total Profit} = 30.70 \times 133 \approx 4073.10 \] ### Final Answer The total profit earned by the man in 19 days is approximately ₹4073.10. ---
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