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?Options18162220
Question
Solution 1
The problem states that the vendor sells a coconut at Rs.14.4 and incurs a 10% loss. This means that Rs.14.4 represents 90% of the cost price (100% - 10% loss = 90%).
Step 1: Calculate the cost price of the coconut. If 90% is Rs.14.4, then 1% is Rs.14.4/90 = Rs.0.16. Therefore, the cost price (100% Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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