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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Let the price of cost price of one mango be x.
When it is sold at a profit of 25% the selling price will be :
1.25x
If the selling price increases by one the profit becomes 50%.
Thus :
1.25x + 1 = 1.5x
1.5x - 1.25 x = 1
0.25x = 1
x = 1/0.25
x = 4
The price at first is :
1.25 × 4 = 5
Rs 5
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