RRB NTPC · Question 99
A fruit seller sells mangoes at the rate of Rs. 9 per kg and thereby loses 10%. At what price per kg should he sell in order to earn a profit of 5%? A. Rs. 10 B. Rs. 10.5 C. Rs. 9.5 D. Rs, 11.11
Show answer & explanation
Answer: (A) B
Explanation
At Rs 9 he loses 10%, so CP = 9/0.9 = Rs 10. For 5% profit he must sell at Rs 10.50.