Teenagers shoe company sells the shoes whose prices i.e.,cost price and selling price are the multiples of either 13,14,15,16,17,18 or 19, starting from Rs. 399 to Rs.699 (i.e, 399

Question

Teenagers shoe company sells the shoes whose prices i.e.,cost price and selling price are the multiples of either 13,14,15,16,17,18 or 19, starting from Rs. 399 to Rs.699 (i.e, 399 <_ CP/SP <_ 699). What can be the maximum profit of the company?

Accepted Answer

The maximum possible profit = maximum possible difference in SP and CP.
It means SP be maximum and CP be minimum
CP (min) = Rs. 399
19 x m = 399, where m is an integer.
Again SP (max) = Rs. 697, which is very close to 699
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Teenagers shoe company sells the shoes whose prices i.e.,cost price and selling price are the multiples of either 13,14,15,16,17,18 or 19, starting from Rs. 399 to Rs.699 (i.e, 399 <_ CP/SP <_ 699). What can be the maximum profit of the company?

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