A fruit seller sells apples as the rate of rs 9 per kg and thereby loses 20%
Answers
Answered by
13
Solutions :-
This question is incomplete. Right question is =>
Q: A fruit seller sells apples as the rate of Rs 9 per kg and thereby loses 20%. At what price per kg, he should have sold them to make a profit of 5%.
Given :
Selling price of 1 kg apples = Rs 9
Loss = 20%
Find the cost price of apple :-
C.P = (S.P × 100)/(100 - loss)
= (9× 100)/(100 - 20)
= 900/80
= 11.25
Now,
Cost Price = Rs 11.25
To make profit of 5%
Find the Selling price of apple to make a profit of 5 % :-
S.P = C.P + Profit % of C.P
= 11.25 + 5 % of 11.25
= 11.25 + 0.05 × 11.25
= 11.25 + 0.5625
= 11.8125
Hence,
The Selling price of apple to make a profit of 5 % is Rs 11.8125
This question is incomplete. Right question is =>
Q: A fruit seller sells apples as the rate of Rs 9 per kg and thereby loses 20%. At what price per kg, he should have sold them to make a profit of 5%.
Given :
Selling price of 1 kg apples = Rs 9
Loss = 20%
Find the cost price of apple :-
C.P = (S.P × 100)/(100 - loss)
= (9× 100)/(100 - 20)
= 900/80
= 11.25
Now,
Cost Price = Rs 11.25
To make profit of 5%
Find the Selling price of apple to make a profit of 5 % :-
S.P = C.P + Profit % of C.P
= 11.25 + 5 % of 11.25
= 11.25 + 0.05 × 11.25
= 11.25 + 0.5625
= 11.8125
Hence,
The Selling price of apple to make a profit of 5 % is Rs 11.8125
Steph0303:
Good :)
Answered by
13
The question is incomplete. The correct question is:
A fruit seller sells apples at the rate of Rs.9 per kg and thereby loses 20%. At what price per kg, he should have sold them to make a profit of 5%?
Answer:
SP = Rs. 9 / kg
Loss % = 20%
Let the CP be x
=> Loss % =
=> Loss % =
=> 100x - 20x = 900
=> 80x = 900
=> 8x = 90
=> x = 90 / 8 = 11.25
So the CP is Rs. 11.25
Now let us calculate the Profit of 5%.
Let the SP now be denoted as y
Hence he must have sold it at Rs. 11.81 to gain a profit of 5 %.
Similar questions