1.

A fruit seller purchased 20 kgs of apples at Rs. 8 per kg. He found 5% of the apples to be rotten. If he sells the remaining apples at Rs. 11 per kg, what his gain percentage?1. 30.625%2. 40.625%3. 50.625%4. 60.625%

Answer» Correct Answer - Option 1 : 30.625%

Given:

A fruit seller purchased 20 kg apples.

The cost price of apples = Rs. 8 per kg

Wasted apple = 5% of 20 kg

The selling price of remaining apples = Rs. 11 per kg

Formula used:

Profit% = (profit/C.P) × 100

where C.P = cost price

Calculation:

C.P of 20 kg of apples = 8 × 20

⇒ 160 

As 5% of apples were rotten, so good apples = [20 - 5% of 20] kg

⇒ [20 - (5/100) × 20] kg

⇒ (20 - 1) kg

⇒ 19 kg

Total selling price of apples = Rs. 19 × 11

⇒ Rs. 209

Profit = Rs. (209 - 160)

⇒ Rs. 49

Percentage profit = (49/160) × 100

⇒ 30.625%

∴ The gain percentage of the seller is 30.625%.



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