Ravi purchased some apples at the rate of 30 Apples for Rs 4.How may for Rs 4 he should sell to gain 20% profit?
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Find the cost of 1 apple:
30 apples = Rs 4
1 apple = 4 ÷ 30 = Rs 2/15
Find the selling price of 1 apple:
20% profit = 0.2 x 2/15 = Rs 2/75
Selling price = 2/15 + 2/75 = RS 0.16
Find the number of apples to sell for Rs 4:
Number of apples = 4 ÷ 0.16 = 25
Answer: Ravi needs to sell 25 apples for Rs 4 to gain 20% profit.
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Answer:
Mohit has enough money to buy 30 Apples at Rs 2 per Apple . How many Apples can he buy if the price is increased by 50 paise per apple
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