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
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%) is Rs.0.16 * 100 = Rs.16.
Step 2: Calculate the selling price for a 25% profit. If the cost price is Rs.16, then 25% of this is Rs.16 * 25/100 = Rs.4.
Step 3: Add the profit to the cost price to get the selling price. So, the selling price should be Rs.16 (cost price) + Rs.4 (profit) = Rs.20.
Therefore, to make a 25% profit, the vendor should sell the coconut for Rs.20.
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