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Question

A fruit seller bought 80 kg of apples at Rs. 12.50 per kg. He sold 50 kg of it at a loss of 10 per cent. At what price per kg should he sell the remaining apples so as to gain 20 per cent on the whole?

A
Rs. 12.25
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B
Rs. 15.25
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C
Rs. 19.25
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D
Rs. 21.25
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Solution

The correct option is C Rs. 21.25
Given, cost price of 1 kg apples =Rs12.50
=> Cost price of 50 kg apples =Rs12.50×50=Rs625
Now, Loss on 50 kg apples % =10 %
=>C.P.S.P.C.P.×100=10

=>625S.P.625×100=10

=>625S.P.=62.5.
=>S.P.=Rs562.5
=>S.P. of 50 kg apples =Rs562.5
Now,
For, Remaining 30 kg apples ,
Cost price of 30 kg apples =Rs12.50×30=Rs375
Let Selling price of 30 kg apples =Rsx
So, Total CP of 80 kg apples =Rs625+Rs375=Rs1000
And Total SP of 80 kg apples =Rs562.5+Rsx
Hence, for required Profit on the whole % =S.P.C.P.C.P.×100=20
562.5+x10001000×100=20
=>x437.5=200
=>x=Rs637.5
Thus, Selling price of 1 kg apple =Rs637.530=Rs21.25

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