InterviewSolution
Saved Bookmarks
| 1. |
55. A fruit merchant makes a profit of25% selling mangoes at a certainprice. If he charges ?1more on eachmango, he would gain 50%. At first,the price of one mango was(a) 6 |
|
Answer» Let the price of cost price of one mango be x. When it is sold at a profit of 25% the selling price will be : 1.25x If the selling price increases by one the profit becomes 50%. Thus : 1.25x + 1 = 1.5x 1.5x - 1.25 x = 1 0.25x = 1 x = 1/0.25 x = 4The price at first is : 1.25 × 4 = 5Rs 5 Like my answer if you find it useful! |
|