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A fruit seller sells mangoes at the rate of Rs. 9 per kg and thereby loses 20% . At what price per kg, he should have sold, them to make a profit of 5% ?

A. Rs. 11.81

B. Rs. 12

C. Rs. 12.25

D. Rs. 12.31

Answer: Option A

Solution(By Examveda Team)

Let the new S.P. be Rs. x
$$\eqalign{ & {\text{Then,}} \cr & 80:9 = 105:x \cr & \Rightarrow x = \left( {\frac{{9 \times 105}}{{80}}} \right) \cr & \,\,\,\,\,\,\,\,\,\,\,\, = 11.81 \cr} $$

This Question Belongs to Arithmetic Ability >> Profit And Loss

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