3. A fruit seller sells grapes at the rate of * 20 per kg and thereby loses 20%. At what price per kg, he should have sold them to make a profit of 5%
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Answer:
Rs 26.25 per kg
Step-by-step explanation:
A fruit seller sells grapes at the rate of 20 per kg and thereby loses 20%.
Say, for x rs per kg, he should have sold them to make a profit of 5%
80 : 20 = 105 : x
=> x= (20×105/80)
=> x = Rs 26.25
So, to make a profit of 5% he need to sell the grapes at Rs 26.25
per kg
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