A fruit seller sells mangoes at the rate of R | vedclass

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Question

(A) Step $1$: Calculate the Cost Price $(CP)$ of the mangoes.Given that the Selling Price $(SP_1)$ is $Rs. 9/kg$ and the loss is $20\%$.$SP = CP 	ime

Vedclass · Accepted Answer

$11.81$

Vedclass · Answer

(A) Step $1$: Calculate the Cost Price $(CP)$ of the mangoes.Given that the Selling Price $(SP_1)$ is $Rs. 9/kg$ and the loss is $20\%$.$SP = CP 	imes (1 - 	ext{Loss}\% / 100)$$9 = CP 	imes (1 - 20/100)$$9 = CP 	imes 0.8$$CP = 9 / 0.8 = 11.25 	ext{ per } kg$.Step $2$: Calculate the required Selling Price $(SP_2)$ for a $5\%$ profit.$SP_2 = CP 	imes (1 + 	ext{Profit}\% / 100)$$SP_2 = 11.25 	imes (1 + 5/100)$$SP_2 = 11.25 	imes 1.05 = 11.8125$.Rounding to two decimal places,the required price is $Rs. 11.81/kg$.

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

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