A grocer sells 5 chocolates for Rs. 1 at a profit of . In order to get a profit of Rs 30, how many chocolates does he have to sell for Rs. 1?

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answer is A.

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Detailed Solution

Concept- Let Rs be the cost of 5 chocolates. X The selling price of 5 chocolates listed

Rs. 1 Rs. Profit margin when selling 5 chocolates at

1 = 4 %

It is known that the winning percentage is given by the formula

. Where P, CP, and SO represent the rate of return, cost, and selling price. Substituting the value into the above formula gives: Question Image

Therefore, the cost of 5 chocolates is Rs. Equal to 0.96. It is known that the cost of one chocolate is equal to the cost ratio of n chocolates to n chocolates. Therefore, you get the cost of one chocolate equal to

. If the winning percentage is 30, the selling price is given by the following formula. Question Image

Therefore, you will get a selling price of 0.25. Number of chocolates that can be sold at Rs.1= Ratio of Rs.1 to the calculated selling price of one chocolate.

So, he has to sell 4 chocolates for 1 rupee. To make a profit on Rs.30.
Hence, the correct option is 1.

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