A man sells 64 mangoes for rupees 2000 and he is in a loss of 40% so how much he should sell for 1000 to get 20% profit
Answers
Answer:Brainly.in
What is your question?
Secondary School Math 13+7 pts
By selling mangoes at the rate of 64 for rs. 2,000, the vendor loses 40%. How many should he sell for rs. 1000 so as to gain 20%?
Report by Durgagupta57051 11.01.2019
Answers
MothuAmbitious
the question is wrong.
Click to let others know, how helpful is it
3.0
2 votes
THANKS 0
Report
ThrowdolbeauAce
Answer:
45 mangoes
Step-by-step explanation:
We know that : Selling Price = Cost Price *( 1 - Loss%) and
Selling Price = Cost Price ( 1 + Profit%)
Once we know the cost price and we know that the person needs to make a profit of 20%, we can find the selling price which would give us the number of mangoes he needs to sell to make 20% profit.
The person sells 64 mangoes in 2000 Rs.
\text{So, his SP for 1 Mango = }\\\frac{2000}{64}\approx 31.25
Since he has made a loss of 40%, we can write : SP = CP × (1 - 0.4)
\implies \text{CP for one mango = }31.25\times 0.6\approx 18.75
For the person to make 20% profit, he would need to have his SP = CP (1 + 0.2) = 1.2 × CP. Since we know the CP of 1 mango, we can write :
\text{SP for one mango to make a profit of 20 percent = }1.2\times 18.75 = 22.5
i.e. selling price of 1 orange to make a profit of 20% is 22.5 Rs.
So he needs to sell 1000/22.5approx 45manngoes for Rs. 1000 to make a profit of 20 percent.