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A fruit merchant makes a profit of 25% by selling mangoes at a certain price. If he charges Re.1 more on each mango, he would gain 50%. At first the price of one mango was.
A fruit merchant makes a profit of 25% by selling mangoes at a certain price. If he charges Re.1 more on each mango, he would gain 50%. At first the price of one mango was.
1). Rs. 5
2). Rs. 7
3). Rs. 4
4). Rs. 6
1). Rs. 5
2). Rs. 7
3). Rs. 4
4). Rs. 6
This Question has 2 answers.
Answer for this question is Rs. 5
Original price of 1 mango =x Rs (let)
$\therefore$ C.P. of 1 mango=$\frac{100x}{125}$
$=\frac{4x}{5} $Rs.
Case II, According to question,
$x+1=\frac{4x}{5}\times \frac{150}{100}$
$\Rightarrow x+1= \frac{6x}{5} \Rightarrow \frac{6x}{5}-x=1$
$\Rightarrow \frac{x}{5}=1 \Rightarrow x=5$ Rs.
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