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
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
· Browse this chapter in the app