A vendor bought lemons at 40 for a rupee. How many must he sell for a rupee to gain
25%?
Correct Answer:
D. 32
Explanation:
The correct answer is Option D: 32.
To solve this, first determine the cost price (CP) of a single lemon. Since 40 lemons are bought for 1 rupee, the CP of one lemon is 1/40 rupee. To achieve a profit of 25%, the selling price (SP) of one lemon must be 125% of its cost price. Calculating this gives an SP of (125/100) * (1/40), which simplifies to 1/32 rupee per lemon. Therefore, to earn a 25% gain, the vendor must sell 32 lemons for one rupee.
Click below to open Discussion & Feedback
0 Issues
Please
login to comment or Report Issues.