Question

Apples sold at rs 115.50 per kg. would result in a loss of 10% . what price per kg. should it be sold to earn a profit of 20​

Answer 1

Answer:

SP of 1 kg of apple = Rs 40 and loss % = 10%

So CP = {100/(100-L%)} x 40 = (100/90) x 40 = Rs 400/9.

So, loss in Rs = CP - SP = 400/9 - 40 = Rs 40/9.

If the loss is Rs 40/9, qty of apples sold = 1 kg.

If the loss is Rs 120, qty of apples sold = 120/(40/9) = 120 x 9/40 = 27.

So, quantity of apples sold is 27 kg.