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A man bought 25 crates of oranges for Rs...

A man bought 25 crates of oranges for Rs.10,000. He lost 5 crates. In order to earn a total profit of 25% of the total cost, he would have to sell each of the remaining crates at

A

Rs 650

B

Rs 625

C

Rs600

D

Rs 575

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AI Generated Solution

The correct Answer is:
To solve the problem, we need to follow these steps: ### Step 1: Calculate the total cost of the crates. The man bought 25 crates of oranges for Rs. 10,000. **Total Cost = Rs. 10,000** ### Step 2: Calculate the total profit desired. The man wants to earn a total profit of 25% on the total cost. **Total Profit = 25% of Total Cost = 25/100 * 10,000 = Rs. 2,500** ### Step 3: Calculate the total selling price required to achieve the desired profit. To find the total selling price, we add the total cost and the total profit. **Total Selling Price = Total Cost + Total Profit = 10,000 + 2,500 = Rs. 12,500** ### Step 4: Determine the number of crates remaining after the loss. The man lost 5 crates out of the 25 he initially bought. **Remaining Crates = 25 - 5 = 20 crates** ### Step 5: Calculate the selling price per crate. To find the selling price per crate, we divide the total selling price by the number of remaining crates. **Selling Price per Crate = Total Selling Price / Remaining Crates = 12,500 / 20 = Rs. 625** ### Conclusion: In order to earn a total profit of 25% of the total cost, he would have to sell each of the remaining crates at **Rs. 625**. ---
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