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M/s Mehta Fruits and Vegetables sell app...

M/s Mehta Fruits and Vegetables sell apples at the rate of Rs.9 per kg and therby lost `20%`. At what price(per kg), they should have sold them to make a profit of `5%`?

A

Rs11.32

B

Rs11

C

Rs12

D

Rs11.81

Text Solution

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The correct Answer is:
To solve the problem step by step, we will find the cost price of the apples first and then determine the selling price required to achieve a profit of 5%. ### Step 1: Find the Cost Price (CP) of Apples Given: - Selling Price (SP) = Rs. 9 per kg - Loss Percentage = 20% The formula to find the cost price when there is a loss is: \[ SP = (1 - \text{Loss Percentage}) \times CP \] Substituting the values: \[ 9 = (1 - 0.20) \times CP \] \[ 9 = 0.80 \times CP \] Now, we can solve for CP: \[ CP = \frac{9}{0.80} \] \[ CP = \frac{9 \times 100}{80} \] \[ CP = \frac{900}{80} \] \[ CP = 11.25 \text{ Rs. per kg} \] ### Step 2: Find the Selling Price (SP) for a 5% Profit To find the selling price for a profit of 5%, we use the formula: \[ SP = (1 + \text{Profit Percentage}) \times CP \] Substituting the values: \[ SP = (1 + 0.05) \times 11.25 \] \[ SP = 1.05 \times 11.25 \] Now, we can calculate the SP: \[ SP = 11.8125 \text{ Rs. per kg} \] ### Final Answer Thus, the selling price per kg to achieve a profit of 5% is approximately Rs. 11.81. ---
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