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
Join The Discussion