A fruit seller bought some mangoes. By selling 50% of total mangoes he got a profit of equal to 50% of his overall cost and 80% of remaining mangoes he sells at a profit at 1/4 of his previous profit, if he throw rest of the mangoes due to spoilage then find out his overall profit percent?
Let the fruit seller purchase 100 mangoes in Rs 100 Cost price of 1 mango = Rs 1 He sell 50% of mangoes = 100 × 50% = 50 mangoes At a profit of 50% of total cost. So profit = total cost × 50% = 100 × 50/100 = Rs 50 ∴ Selling price of 50 mangoes = C.P + Profit = 50 + 50 = Rs 100 So profit % = 50/50 × 100 = 100% He sells 50 mangoes at the profit of 100% He sells 80% of the remaining mangoes = 80/100 × 50 = 40 mangoes Cost price of 40 mangoes = Rs 40 Profit % = 100 × 1/4 = 25% Selling price of 40 mangoes = 125/100 × 40 = Rs 50 So overall cost price = Rs 100 of 100 mangoes Overall selling price = 100 + 50 = Rs 150 So profit = 150 – 100 = Rs 50 Profit % = 50/100 × 100 = 50%
‘ Ikshak ’ , the third of the four Survey Vessels ( Large ) ( SVL ) Project was launched . What does Ikshak mean?
According to the information provided by the Labour Bureau,the year-on-year inflation for the month stood at _____ compared to 6.16 per cent for the pre...
What award did Tamil writer Sivashankari win for her contributions to literature recently?
Who has been appointed as the next Ambassador of India to Guinea?
Which company has inaugurated a new center of excellence (CoE) focused on generative artificial intelligence (GenAI), in collaboration with the Indian...
National Youth Day is celebrated to commemorate the birth anniversary of Swami Vivekananda on____?
Identify which of the following statements is/are TRUE with respect to the data released by IRDAI in its annual report -
I. According to the In...
In which sport would you commonly encounter the term "Birdie"?
According to the norms formulated by RBI,a penalty, if charged for non-compliance with the material terms and conditions of the loan contract by the bor...
Who is the richest person in Asia according to Forbes' 2023 world billionaires list?