A man bought 25 crates of oranges for 10000. He lost 5 crates. In ord…

Question

A man bought 25 crates of oranges for 10000. He lost 5 crates. In order to earn a total profit of 25% of the total cost, he would have to sell each of the remaining crates at = ?

Accepted Answer

Option B. Rs. 625. Answer & Solution Answer: Option B Solution: Remaining creates = 25 - 5 = 20 So, & Cost Price & = 1000020 = 500/ crates & 25\% = 1 Profit4 Cost price & \,\,\,\,\,\, CP\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, SP & × 125 _500\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,^4\,\,\,\,\,\,\,\,\,\,\,\,…