Question
Download Solution PDFA fruit seller sells 2/5th part of fruits at a profit of 10% and remaining at a loss of 5%. If the total profit is Rs.1850, then what is the total cost price of fruits?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFLet M be the cost price of fruits.
The sale price of 3/5 th part = (2/5) M × (110/100)
= (11/25)M =.44M
Sale price of the rest = (3/5)M × (95/100) = .57M
Hence, total sale price = .44M + .57M = 1.01M
Profit gained = 1.01M - M = 0.01M
As per the question,
⇒ 0.01M = 1850
⇒ M = 1850/0.01 = Rs. 185000
∴ The required answer is 185000.
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