Q.
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%?
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a
Rs.11.81
b
Rs.12
c
Rs.12.25
d
Rs.12.31
answer is A.
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Detailed Solution
A fruit seller sells mangoes of the rate of Rs 9, he is getting 20% loss
Hence, the cost price is as below
To get the profit of 5% the selling price is as below
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