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Answer 1

QUESTION -

A fruit seller bought some mangoes for Rs 500. He sold them at 10% loss. If he wants to make a profit of 12.5% without increasing the selling price, by how much should the cost price of the mangoes be reduce?

ANSWER -

Cost Price = Rs. 500

Loss %age = 10% of 500

So, Loss = Rs 50

Finding the selling price:

Selling Price = CP - Loss

SP = 500 - 50

SP = Rs 450

Now, The fruit seller wants to gain a profit of 12.5% without changing the selling Price:

Firstly, Let's talk about the Profit :

Profit %age = 12.5% of 500

Profit = 12.5 * 5

Profit = Rs 62.5

He wants to gain a profit of Rs 62.5

So, The cost Price

The cost price would be reduced by Rs 62.5

New CP = 450 - 62.5

New CP = Rs 387.5 [Answer].

Answer 2

Answer :

Given :  A fruitseller buys mangoes at Rs 350 per hundred

100 mangoes = Rs 350

1 mango = 350/100 = Rs 3.5

C.P of 1 mango = Rs 3.5

Now,

[ 1 Dozen = 12 Units ]

Fruitseller sells mangoes at Rs 48 per dozen.

12 mangoes = Rs 48

1 mango = 48/12 = Rs 4

S.P of 1 mango = Rs 4

Compare S.P and C.P :-

S.P > C.P

So, Profit

Profit = S.P - C.P

= Rs ( 4 - 3.5)

= Rs = 0.5

Profit % = (profit × 100)/C.P %

= (0.5×100)/3.5 %

= 50/3.5 %

= 14.28 %

Hence,

His profit % is 14.28 %

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