A fruit seller bought some mangoes for Rs 500.He sold them at 10% loss
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Step-by-step explanation:
Cost Price = Rs. 500
Loss %age = 10% of 500
So, Loss = Rs 50
Finding the selling price:
Selling Price = CP - Loss
SP = 500 - 50
SP = Rs 450
Now, The fruit seller wants to gain a profit of 12.5% without changing the selling Price:
Firstly, Let's talk about the Profit :
Profit %age = 12.5% of 500
Profit = 12.5 * 5
Profit = Rs 62.5
He wants to gain a profit of Rs 62.5
So, The cost Price
The cost price would be reduced by Rs 62.5
New CP = 450 - 62.5
New CP = Rs 387.5
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answer of questions is 100
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