A grocer bought 24kg of coffee beans at Price X. After a while 1/3 of the stock got spoiled so he sold rest for $200 per kg and made total profit of twice the cost. What must be price of X?
1. $66 2/3
2. $50 1/3
3. $44 4/9
4. $33 1/3
5. $24 1/2
Coffee beans
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You divided 3200 by 2 and it should be 3 since the profit was 2 times the cost. So the cost would be 1/3 of the 3200. Hope that helps.Suyog wrote:dont know wot im missing...
1/3 * 24 = 8
24 - 8 = 16....thats not spoiled...
16 * 200 = 3200.. cost is 3200 / 2 = 1600
1600 / 24 = 66 2/3..
i think im missing something...but wot???