1 View

Question : A man bought 15 mangoes for a rupee. How many mangoes were sold for a rupee so that there is a loss of 25%?

Option 1: 10

Option 2: 12

Option 3: 18

Option 4: 20


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: 20


Solution : Here CP is the cost price and SP is the selling price.
Given: CP of 15 mangoes = Re. 1
CP of 1 mango = $\frac{1}{15}$
Let SP of 1 mango be $\frac{1}{x}$
To get a 25% loss, we know that,
Loss percentage = $\frac{\text{CP-SP}}{\text{CP}}\times100$
⇒ $25 = \frac{\frac{1}{15}-\frac{1}{x}}{\frac{1}{15}}\times100$
⇒ $25 = \frac{(x-15)}{15x}\times15\times100$
⇒ $25x=100x-1500$
⇒ $75x=1500$
⇒ $x=20$
So, 25 mangoes were sold for a rupee, so that there is a loss of 25%.
Hence, the correct answer is 20.

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
GRE ® Registrations 2024
Apply
Apply for GRE® Test now & save 10% with ApplyShop Gift Card | World's most used Admission Test for Graduate & Professional Schools
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books