Question

A fruit merchant makes a profit of $25$ by selling mangoes at a certain price. If he charges $Re.1$ more on each mango, he would gain $50$. At first, the price of one mango was

• A. $Rs.5$
• B. $Rs.7$
• C. $Rs.4$
• D. $Rs.6$

Answer 1

The correct option is A $Rs.5$

Let the cost price be $Rs.x$
so, when it is sold at a profit of $25$, SP=$Rs.1.25x$
If selling price increases by $Re.1$,
profit becomes $50$
$\begin{array}{c}\therefore 1.25x+1=1.5x\\ 0.25x=1\\ x=\frac{1}{0.25}=4\\ \therefore Price=1.25\times 4=5\end{array}$