GRE
Exam
Numerical Ability
Profit and Loss
the cost price of 16 apples is equal to the selling price of 10 apples. the cost price of 12 oranges is equal to the selling price of 16 oranges and the cost price of 6 mangoes is equal to the selling price of 4 mangoes . if the ratio of the cost price of 1 apple, 1 orange, and 1 mango in the ratio of 1:1:2,then find the net profit percent on the sale of 1 apple,2 oranges and 2 mangoes.
Read Solution (Total 1)
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- let the cost price of 1 apple =x
the cost price of 1 orange =x
the cost price of 1 mango =2x
selling price of 1 apple is=16x/10=1.6x
selling price of 1 orange is=12x/16=0.75x
selling price of 1 mango is=12x/4=3x
total cost price of 1apple,2 oranges ,2 mango=x+2x+4x=7x
total selling price of 1apple,2 oranges ,2 mango=1.6x+1.5x+6x=9.1x
net profit=9.1x-7x=2.1x
net profit percent=(2.1x/7x)*100=30% - 7 years agoHelpfull: Yes(6) No(0)
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