A man bought 10 crates of pine apples for $160 total. If he lost 2 of the crates, at what price would he have to sell each of the remaining crates in order to earn a total profit of 30 percent of the total cost?
Options
A) $36 B) $46 C) $26 D) $16 E) $6
As given, after lost, the remaining 8 crates total cost = $160   So, 1 crate cost = 160/8= 
<gadget id="calculator">160/8</gadget>
<output>20</output>
20   To get 30% profit, 1 crate cost should be=20+20*30/100= 
<gadget id="calculator">20+20*30/100</gadget>
<output>26</output>
$26   Answer : $26
<result>C</result>
A man bought 10 crates of pine apples for $160 total. If he lost 2 of the crates, at what price would he have to sell each of the remaining crates in order to earn a total profit of 30 percent of the total cost?