A fruitseller sells mangoes at the rate of ₹ 9 per kg and thereby loses 20%. At what price per kg, he should… · ABC26GN2626

Subject: General Aptitude · Chapter: Profit and Loss

A fruitseller sells mangoes at the rate of ₹ 9 per kg and thereby loses 20\%. At what price per kg, he should have sold them to make a profit of 5\%?
(a)₹ 11.81
(b)₹ 12
(c)₹ 12.25
(d)₹ 12.31
Answer
Answer (as printed): A
Explanation
Let the new S.P. be ₹ $x$. $$\text { Then, } 80: 9=105: x \Rightarrow x=\left(\frac{9 \times 105}{80}\right)=11.81 \text {. }$$

Explanation as extracted from the printed page; notation may be imperfect.

Study loop for Profit and Loss

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