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Ques:- If he sells 40 mangoes, he will get the selling price of 4 mangoes extra, What is his percentage increase in profit ?
Recent Answer : Added by Admin On 2020-05-17 12:02:06:
I have seen a few say 25% as an answer to this. But looks
like their math isn’t good and is extremeley complex to
have an asnwer of 25% to this question. Consider – Rs.1.00/-
per mango; so 40 mangoes = Rs.40.00/-, implies Rs.4.00/-
extra at the end of the deal. So he’s left with Rs.44.00/-
after selling 40 mangoes implies a profit of Rs.4.00/- over
Rs.40.00 = 44/40 = 110% which means his profit is 10%.
Hope this helps…
Thanks.
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Recent Answer : Added by Jade On 2022-09-22 16:41:17:
Substitute equation C into B:
(B) Tue + Wed = 102 – 0.8(Mon)
At this point I changed the values for clearer algebra:
Mon = x
Tue + Wed = y
Re-write equations A & B with new values:
(A) y = 111 – x
(B) y = 102 – 0.8x
Solve simultaneous equations:
111 – x = 102 – 0.8x
111 – 102 = x – 0.8x (Re-arraged)
9 = 0.2x
x = 45
Thus, Mon = 45C
Thu = 0.8(45)
Thu = 36C
So the answer is it was 36C on Thursday
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I have seen a few say 25% as an answer to this. But looks
like their math isn’t good and is extremeley complex to
have an asnwer of 25% to this question. Consider – Rs.1.00/-
per mango; so 40 mangoes = Rs.40.00/-, implies Rs.4.00/-
extra at the end of the deal. So he’s left with Rs.44.00/-
after selling 40 mangoes implies a profit of Rs.4.00/- over
Rs.40.00 = 44/40 = 110% which means his profit is 10%.
Hope this helps…
Thanks.