ABC26GN2626 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:

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.