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If a vendor sells a coconut at Rs 14.4 h...

If a vendor sells a coconut at Rs 14.4 he makes 10% loss. If he wants to make 25% profit, then at what price (in Rs) should he sell?

A

18

B

20

C

16

D

22

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to find the cost price (CP) of the coconut first, and then determine the selling price (SP) required for a 25% profit. ### Step-by-Step Solution: 1. **Understanding the Loss**: The vendor sells the coconut for Rs 14.4 and incurs a 10% loss. This means that the selling price (SP) is 90% of the cost price (CP). \[ SP = CP - (10\% \text{ of } CP) = 0.90 \times CP \] 2. **Setting Up the Equation**: Since the selling price is given as Rs 14.4, we can set up the equation: \[ 14.4 = 0.90 \times CP \] 3. **Calculating the Cost Price (CP)**: To find CP, we rearrange the equation: \[ CP = \frac{14.4}{0.90} \] Now, calculating this gives: \[ CP = \frac{14.4}{0.90} = 16 \] 4. **Calculating the Selling Price for 25% Profit**: To find the selling price for a 25% profit, we use the formula: \[ SP = CP + (25\% \text{ of } CP) = CP + 0.25 \times CP = 1.25 \times CP \] 5. **Substituting the Cost Price**: Now substituting the value of CP we found: \[ SP = 1.25 \times 16 = 20 \] 6. **Final Answer**: Therefore, the vendor should sell the coconut for Rs 20 to make a 25% profit. ### Summary: The selling price to achieve a 25% profit is Rs 20. ---
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