Question 82

If a vendor sells apples at Rs 170 per kg he suffers 15% loss. If he sells at Rs 230 per kg, then what is his profit percentage?

Solution

Let cost price of 1 kg of apples = Rs. $$100x$$

Loss % = 15%

=> Selling price = $$\frac{85}{100} \times 100x=170$$

=> $$85x=170$$

=> $$x=\frac{170}{85}=2$$

Thus, cost price = $$100\times2=Rs.$$ $$200$$

If selling price = Rs. 230

=> Profit % = $$\frac{230-200}{200} \times 100$$

= $$\frac{30}{2}=15\%$$

=> Ans - (A)

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