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Total CP = 24Xkishokbabu wrote:A grocer bought 24 kg of coffee beans at price X per kg. One third of the purchased stock got spoiled, and the grocer sold the remaining coffee beans for $200 per kg. If the grocer made an overall profit that equaled twice the cost price of the purchased stock, what was the original purchased price per kg of coffee beans, X?
A) $66 2/3
B) $50 1/3
C) $44 4/9
D) $33 1/3
E) $24 1/2
We can plug in the answers, which represent the cost price per kilogram.kishokbabu wrote:A grocer bought 24 kg of coffee beans at price X per kg. One third of the purchased stock got spoiled, and the grocer sold the remaining coffee beans for $200 per kg. If the grocer made an overall profit that equaled twice the cost price of the purchased stock, what was the original purchased price per kg of coffee beans, X?
A) $66 2/3
B) $50 1/3
C) $44 4/9
D) $33 1/3
E) $24 1/2
We jst substituted the values in the equationranvijay87 wrote:profit = 2 x Cost Price
-> 2 x 24 = 3200 ?
why is it 2 x 24 = 3200 - 24X?
Please help.
