Practicing Success
The Pie chart given below presents the distribution of costs of making a water bottle by a company. If the company earns 20% on cost per bottle and the cost of packaging one bottle is ₹0.50, then what is the selling price of one bottle? |
₹12.50 ₹12 ₹15 ₹10 |
₹12 |
20% = \(\frac{1 }{5}\) ATQ , 5% of total cost on Water bottle = 0.50 Total cost on bottle = \(\frac{0.50 }{5}\) × 100 = 10 Profit earned on water bottle = \(\frac{1 }{5}\) × 10 = 2 Now , Selling price of bottle = 10 + 2 = Rs. 12 |