Question 86

If a vendor sells a watermelon at Rs 69 he makes 8% loss. If he wants to make 16% profit then at what price (in Rs) should he sell?

Solution

According to question ,

$$0.92\times\ Watermilon_{\cos t\ price}=69\ .$$

or, $$Watermilon_{\cos t\ price}=\frac{69}{0.92}=75.$$

To have a 16% profit, he must sells it in = $$75\times1.16=87\ Rs.\ $$

C is correct choice.

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