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Question: There is a temple on the top of the hill of height 1000mtrs.Coconuts at the base of the hill are sold at 5/- each and at the top of the hill at 50/- each. One intelligent businessman thought of buying coconuts at the base and selling them at the top. For that he appointed 2 people who can carry only 1000 coconuts at a time and takes 1 coconut for every mtr of walk.
Can he succeed in his plan. If yes how much profit he earns for a rupee of investment? (7m neg-2)
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| September 09, 2008 00:20:35 |
#2 |
| dibss23 |
Member Since: March 2008 Total Comments: 2 |
RE: There is a temple on the top of the hill of height1000mtrs.Coconuts at the base of the hill are sold at5/- each and at the top of the hill at 50/- each. Oneintelligent businessman thought of buying coconuts atthe base and selling them at the top. For |
2000-(2*500)=1000nuts at the middle 1000-(1*500)=500 ,, ,, ,, end of the road so sell price=500*50=25000 cost price=2000*5=10000 profit=15000 YES HE WILL HAVE PROFIT IN 1Rs INVESTMENT=15000/10000=Rs1.5 |
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