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A man purchases some mangoes at the rate of 24 mangoes for Rs 1. How many mangoes did he sell for a rupee to gain 20% profit?1. 202. 213. 184. 22 |
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Answer» Correct Answer - Option 1 : 20 GIVEN: A man purchases some mangoes at the rate of 24 mangoes for Rs. 1. CONCEPT: FORMULA USED: SP = CP × [1 + Profit/100] CALCULATION: Given, CP of 24 mangoes is Rs. 1. ⇒ CP per mango = Rs 1/24 Also, Profit = 20 % of CP = 1/5 CP So, SP = CP + Profit = 6/5 CP. ⇒ SP per mango = Rs 6/5 × 1/24 = 1/20 Since, SP of 1 mango = Rs 1/20 ⇒ No. of Mangoes sold for Rs. 1 = 20 |
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