Question 81

A shopkeeper, sold dried apricots at the rate Rs 1,310 a kg and bears a loss of 13%. Now if he decides to sell it at Rs 1,441 per kg, what will be the result?

Solution

Let Cost price = Rs. $$x$$

Selling price = Rs. 1310

=> Loss % = $$\frac{x - 1310}{x} \times 100 = 13$$

=> $$\frac{x - 1310}{x} = \frac{13}{100}$$

=> $$100x - 131000 = 13x$$

=> $$100x-13x = 131000$$

=> $$x = \frac{131000}{87} = Rs$$ $$1505.75$$

If selling price = Rs. 1441

=> Loss % = $$\frac{1505.75 - 1441}{1505.75} \times 100$$

= $$\frac{6475}{1505.75} = 4.3\%$$

=> Ans - (C)

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