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A frult-seller buys some oranges and by ...

A frult-seller buys some oranges and by selling 40% of them he realises the cost price of all the oranges. As the oranges being to grow over-ripe, he reduces the price and sells 80% of the re maining oranges at half the pre vious rate of profit. The rest of the oranges being rotten are thrown away. The overall per centage of profit is

A

(A) 80

B

(B) 84

C

(C) 94

D

(D) 96

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's break it down: ### Step 1: Understand the Initial Purchase Assume the fruit seller buys 100 oranges at a cost price of 1 rupee each. - **Total Cost Price (CP)** = 100 oranges × 1 rupee/orange = 100 rupees. ### Step 2: Selling 40% of the Oranges The seller sells 40% of the oranges to recover the cost price. - **Number of oranges sold** = 40% of 100 = 40 oranges. - The selling price (SP) of these 40 oranges is equal to the total cost price of all oranges, which is 100 rupees. ### Step 3: Remaining Oranges After First Sale After selling 40 oranges, the remaining oranges are: - **Remaining oranges** = 100 - 40 = 60 oranges. ### Step 4: Selling 80% of the Remaining Oranges The seller now sells 80% of the remaining 60 oranges at half the previous rate of profit. - **Number of oranges sold now** = 80% of 60 = 48 oranges. ### Step 5: Calculate the Selling Price of the Remaining Oranges First, we need to find the profit percentage from the first sale to determine the selling price for the second sale. - The SP of the 40 oranges sold initially = 100 rupees (which is the total cost price). - **Profit from the first sale** = SP - CP = 100 - 40 = 60 rupees. - **Profit percentage** = (Profit/CP) × 100 = (60/40) × 100 = 150%. Now, since the seller sells the remaining oranges at half the previous rate of profit: - **New profit percentage** = 150% / 2 = 75%. ### Step 6: Calculate the Selling Price of 48 Oranges The cost price of the remaining 48 oranges: - **Cost Price of 48 oranges** = (CP of 60 oranges / 60) × 48 = (40 rupees / 60) × 48 = 32 rupees. Now, calculate the selling price using the new profit percentage: - **Selling Price (SP) of 48 oranges** = CP + Profit - Profit = 75% of CP = (75/100) × 32 = 24 rupees. - **SP of 48 oranges** = 32 + 24 = 56 rupees. ### Step 7: Total Selling Price and Profit Calculation Now, we calculate the total selling price and total profit: - **Total SP** = SP from first sale + SP from second sale = 100 + 56 = 156 rupees. - **Total Profit** = Total SP - Total CP = 156 - 100 = 56 rupees. ### Step 8: Calculate Overall Percentage of Profit Finally, calculate the overall percentage of profit: - **Overall Profit Percentage** = (Total Profit / Total CP) × 100 = (56 / 100) × 100 = 56%. ### Final Answer The overall percentage of profit is **56%**. ---
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