A fruit seller brought 75 mangoes of Rs 500. 20% of them are bad .He sold the rest at a gain of 15 %. What was the selling price of each mangoes?
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Answer is Rs 575
Mangoes bought = 75
CP of mangoes = 500
If 20% mangoes were bad then,
The mangoes bad = 20/100*75
=15
Mangoes left = 75-15 =60
Profit% = 15%
SP = CP(100 + P)/100
SP = CP*115/100
SP = 57500/100
= 575 Rs
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