A fruit seller makes a profit of 20% by selling oranges. If he charges Rs. 1 more for each orange he would be able to make a profit of 40%. Find the
selling price of an orange in the first case
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Answer:
SP 1=Rs 6
Step-by-step explanation:
Increase in profit % = 40%-20% = 20%
Increase in profit value = Rs 1
So, 20% of CP = Rs 1
i.e. CP = 100% = Rs 5
Hence, SP in first case = Rs. 5 +1 = Rs 6
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