A vegetable vendor sold 1 kg of potatoes for Rs. 25 and earned 25% profit. In the evening, he started selling potatoes with only 10% profit. At what cost (in Rs.) per kg did he sell the potatoes in the evening?
A. 21
B. 20
C. 24
D. 22
Answer: Option D
Solution(By Examveda Team)
Selling price of potatoes = 25\[\begin{gathered} \begin{array}{*{20}{c}} {{\text{Cost price}}}&{{\text{Selling price}}} \\ \begin{gathered} 4 \hfill \\ \,\,\,\,\,\,\,\,\, \downarrow \times 5 \hfill \\ 20 \hfill \\ \end{gathered} &\begin{gathered} 5 \hfill \\ \,\,\,\,\,\,\,\,\, \downarrow \times 5 \hfill \\ 25 \hfill \\ \end{gathered} \end{array} \hfill \\ {\text{Profit }}\% = 10\% = \frac{1}{{10}} \hfill \\ \begin{array}{*{20}{c}} {{\text{Cost price}}}&{{\text{Selling price}}} \\ \begin{gathered} 10 \hfill \\ \,\,\,\,\,\,\,\,\, \downarrow \times 2 \hfill \\ 20 \hfill \\ \end{gathered} &\begin{gathered} 11 \hfill \\ \,\,\,\,\,\,\,\,\, \downarrow \times 2 \hfill \\ 22 \hfill \\ \end{gathered} \end{array} \hfill \\ \end{gathered} \]
Selling price of potatoes in evening = Rs. 22
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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