Question

A trader bought 30 baskets of pawpaw and 100 baskets of mangoes for 2450. she sold the pawpaw at a profit of 40% and the mangoes at a profit of 30%. if her profit on the entire transaction was 855, find the cost price of a basket of pawpaw and the selling price of 100 baskets of mangoes.

Answer 1

The cost price of pawpaw is 40 and the cost if the basket of mangoes is 1250.

How to calculate the price?

Based on the information given, the equations to solve the question will be:

30p + 100m = 2450 .... i

1.3 × 40p - 30 p + 1.3 × 100m = 855 ..... ii

30p + 100m = 2450

12p + 30m = 855

Solving simultaneously, the price of pawpaw is 40 and the price of mango is 12.5.

Therefore, the cost of 100 basket of mangoes will be:

= 12.5 × 100

= 1250

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