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A vendor purchased 720 lemons at Rs.120 per hundred. 10% of the lemons were found rotten, which he sold at 50 per hundred. If he sells the remaining lemons at Rs. 125 per hundred, then his profit or loss percentage will be ?
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A vendor purchased 720 lemons at Rs.120 per hundred. 10% of the lemons were found rotten, which he sold at 50 per hundred. If he sells the remaining lemons at Rs. 125 per hundred, then his profit or loss percentage will be ?
________
Full explanation.
_______
No copy
@Moderators
@Stars
@Genius
_____
Best of luck
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Answer:
10% of the lemons were found rotten, which he sold at Rs 50 per hundred. If he sells the remaining lemons at Rs 125 per hundred, then his profit will be 16%.
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ʀᴇғᴇʀ ᴛʜᴇ ᴀᴛᴛᴀᴄʜᴍᴇɴᴛ
Given, cost price of 100 lemons = ₹120 Cost price of 1 lemon = ₹ 120/100 and cost price of 720 lemons = 120/100 x 720 = ₹564 According to the question, 10 of the lemons were rotten. 10% of 720 lemons = 10/100 x 720 = 72 lemons Also, given, selling price of 100 rotten lemons = ₹ 50 Selling price of 1 rotten lemon = ₹ 50/100 and selling price of 72 rotten lemons = 50/100 x 72 = ₹36 Also, selling price of 100 good lemons = ₹125 Selling price of good lemon = ₹125/100 and selling price of (720-72) good lemons = 125/100 x (720 -72) = 125/100 x 648 = ₹810 Now, total selling price of 720 lemons = 36 + 810 = ₹846 Clearly, selling price < cost price. Therefore, vendor will bear loss.