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A shopkeeper sells bed sheets for Rs. 32...

A shopkeeper sells bed sheets for Rs. 320 each at a profit of 24%. He gives one bed sheet free on a purchase of four bed sheets. Sunil needs 7 bed sheets whereas Piyush needs 8. How much will they save, if they purchase the bed sheets together rather than separately?

A

480

B

320

C

960

D

640

Text Solution

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The correct Answer is:
To solve the problem step by step, let's break it down: ### Step 1: Calculate the Cost Price of One Bed Sheet Given that the selling price of one bed sheet is Rs. 320 and the profit is 24%, we can find the cost price (CP) using the formula: \[ \text{Selling Price (SP)} = \text{Cost Price (CP)} + \text{Profit} \] Since Profit = 24% of CP, we can express SP as: \[ SP = CP + 0.24 \times CP = 1.24 \times CP \] Rearranging gives us: \[ CP = \frac{SP}{1.24} = \frac{320}{1.24} \approx 258.06 \] ### Step 2: Determine How Many Bed Sheets Each Person Needs - Sunil needs 7 bed sheets. - Piyush needs 8 bed sheets. ### Step 3: Calculate the Total Cost for Sunil Sunil can buy 4 bed sheets and get 1 free. Therefore, to get 7 bed sheets, he needs to buy: - 4 bed sheets (gets 1 free) = 5 bed sheets - He still needs 2 more, so he buys 2 more bed sheets. Total bed sheets he pays for = 4 + 2 = 6 bed sheets. Total cost for Sunil: \[ \text{Total Cost for Sunil} = 6 \times 320 = 1920 \] ### Step 4: Calculate the Total Cost for Piyush Piyush can also buy 4 bed sheets and get 1 free. Therefore, to get 8 bed sheets, he needs to buy: - 4 bed sheets (gets 1 free) = 5 bed sheets - He still needs 3 more, so he buys 3 more bed sheets. Total bed sheets he pays for = 4 + 3 = 7 bed sheets. Total cost for Piyush: \[ \text{Total Cost for Piyush} = 7 \times 320 = 2240 \] ### Step 5: Calculate the Total Cost if They Buy Separately Total cost if they buy separately: \[ \text{Total Cost (Separate)} = \text{Total Cost for Sunil} + \text{Total Cost for Piyush} = 1920 + 2240 = 4160 \] ### Step 6: Calculate the Total Cost if They Buy Together If they buy together, they need a total of: \[ 7 + 8 = 15 \text{ bed sheets} \] They can buy 4 bed sheets and get 1 free, so they can buy: - 12 bed sheets (3 sets of 4 bed sheets) and get 3 free = 15 bed sheets. Total bed sheets they pay for = 12. Total cost if they buy together: \[ \text{Total Cost (Together)} = 12 \times 320 = 3840 \] ### Step 7: Calculate the Savings Now, we can find the savings by subtracting the total cost if they buy together from the total cost if they buy separately: \[ \text{Savings} = \text{Total Cost (Separate)} - \text{Total Cost (Together)} = 4160 - 3840 = 320 \] ### Final Answer Sunil and Piyush will save Rs. 320 if they purchase the bed sheets together rather than separately. ---
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