a fruit merchant makes a profit of 25% by selling mangoes at a certain price.if he charge rs.1 more on each mango ,he would gain 50%.at first the price of one mango was
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Answer:
25%
Explanation:
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Answer:
rs.5
Explanation:
Let the cost price be Rs.x
so, when it is sold at a profit of 25%, SP=Rs.1.25x
If selling price increases by Re.1,
profit becomes 50%
∴1.25x+1=1.5x0.25x=1x=0.251=4∴Price=1.25×4=5
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