A man buys 35 mangoes for a rupee. How many mangoes had he sold for a rupee so that there is a loss of 30 percent?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 50.
A man buys 35 mangoes for a rupee
Then,
⇒ C.P. = 1/35 rupee per mango
30% loss means the selling price is 70% of the cost price
⇒ S.P. = 70% of 1/35
S.P. per mango = 0.70 × 1/35 = 1/50
If each mango is sold at 1/50 rupee, then the number of mangoes sold for 1 rupee
Number of mangoes = Rs.1/Rs.1/50 per mango
Number of mangoes = 50 mangoes