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12. A fruitseller buys 100 kg apples at the rate of t20 per kg. He sold 2 of theapples at a loss of 7%. At what rate must he sell the remaining apples to make aprofit of 15% on the sale of all the apples? |
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Answer» Cost of 100kg apples = 2000. Vendor sold 40kg at a 7% loss. The cost of 40kg apples is 800. And with 7% loss, vendor got back = 800*0.93 = 744. So vendor sold 40kg apples at 744 with 7% loss. And a 15% profit on total cost of 2000 is, 2000*1.15= 2300. So to get an overall 15% profit, vendor should sell remaining 60kg apples for a price of, 2300–744 = 1556. Therefore price of each of remaining 60kg apples should be 1556/60 = 25.94 ~ 26 per kg. |
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