A grocer brought a number of fruit baskets for Rs800. Five baskets were lost in transe. He sold the rst for Rs 8 per basket more thanwhat he paid for them and made a profit of Rs180 on his outlay.
Find the number of baskets bought by him.
Let the number of baskets bought by grocer be x.
Given, cost price of x baskets = Rs 800
∴ Cost price of each basket
When five baskets were lost, then selling price of each remaining basket
Profit made by the grocer = Rs 180 (Given)
⇒ 2 (100 + x) (x – 5) = 245 x
⇒ 2x2 + 190x – 1000 = 245 x
⇒ 2x2 – 55x – 1000 = 0
⇒ 2x2 – 80x + 25x – 1000 = 0
⇒ 2x(x – 40) + 25 (x – 40) = 0
⇒ (2x + 25) (x – 40) = 0
⇒ 2x + 25 = 0 or x – 40 = 0
∴ x = 40 (Number of baskets cannot be negative)
Thus, the number of baskets bought by the grocer is 40.