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
=>625−S.P.625×100=10
=>625−S.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+x−10001000×100=20 =>x−437.5=200 =>x=Rs637.5 Thus, Selling price of 1 kg apple =Rs637.530=Rs21.25