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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% |
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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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