If a man lost 4% by selling oranges at the rate of 12 a rupees at how many a rupee must he sell them to gain 44%?(A) 7 (B) 8 (C) 9 (D) 10
Question
If a man lost 4% by selling oranges at the rate of 12 a rupees at how many a rupee must he sell them to gain 44%?(A) 7 (B) 8 (C) 9 (D) 10
Solution
Let's solve this step by step:
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First, let's assume the cost price of 12 oranges is 100 rupees. This is because it's easier to calculate percentages with 100.
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If the man lost 4% by selling 12 oranges, this means he sold them for 96 rupees (100 - 4).
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Now, he wants to gain 44%. This means he wants to sell the same 12 oranges for 144 rupees (100 + 44).
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To find out the selling price per orange, we divide the total price by the number of oranges. So, 144 rupees / 12 oranges = 12 rupees per orange.
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Therefore, to gain a 44% profit, he must sell the oranges at 12 rupees each.
However, none of the options (A, B, C, D) match this answer. There might be a mistake in the question or the options provided.
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