Kayode bought 50 oranges for 60k. If he sells them all in group of five, for how much should he sell in order to make 50% profit?

1 answer

Kayode bought 50 oranges for 60k, so the cost per orange is 60k/50 = <<60000/50=1200>>1200.
To make a 50% profit, Kayode needs to sell each orange for 1200 + (50/100)*1200 = 1200 + 600 = <<1200+(50/100)*1200=1800>>1800
Since he is selling them in groups of five, he should sell each group for 1800*5 = <<1800*5=9000>>9000. Answer: \boxed{9,000}.