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Select the correct answerThe cost of an apple is twice that of a banana and the cost of a banana is 25% less than that of a guava. If the cost of each type of fruit increases by 10%, then the percentage increases in cost of 4 bananas, 2 apples and 3 guavas is?Options12%10%16%18%

Question

Select the correct answerThe cost of an apple is twice that of a banana and the cost of a banana is 25% less than that of a guava. If the cost of each type of fruit increases by 10%, then the percentage increases in cost of 4 bananas, 2 apples and 3 guavas is?Options12%10%16%18%

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Solution

Let's break down the problem step by step:

  1. Let's assume the cost of a guava is $1.00.
  2. According to the problem, a banana costs 25% less than a guava, so a banana costs $0.75.
  3. An apple costs twice as much as a banana, so an apple costs $1.50.

Now, let's calculate the total cost of 4 bananas, 2 apples, and 3 guavas:

  1. 4 bananas cost 4 * 0.75=0.75 = 3.00.
  2. 2 apples cost 2 * 1.50=1.50 = 3.00.
  3. 3 guavas cost 3 * 1.00=1.00 = 3.00.

So, the total cost of all the fruits is 3.00(bananas)+3.00 (bananas) + 3.00 (apples) + 3.00(guavas)=3.00 (guavas) = 9.00.

Now, let's calculate the new cost if each type of fruit increases by 10%:

  1. A banana now costs 0.751.10=0.75 * 1.10 = 0.825.
  2. An apple now costs 1.501.10=1.50 * 1.10 = 1.65.
  3. A guava now costs 1.001.10=1.00 * 1.10 = 1.10.

Let's calculate the new total cost of 4 bananas, 2 apples, and 3 guavas:

  1. 4 bananas now cost 4 * 0.825=0.825 = 3.30.
  2. 2 apples now cost 2 * 1.65=1.65 = 3.30.
  3. 3 guavas now cost 3 * 1.10=1.10 = 3.30.

So, the new total cost of all the fruits is 3.30(bananas)+3.30 (bananas) + 3.30 (apples) + 3.30(guavas)=3.30 (guavas) = 9.90.

The percentage increase in cost is calculated as follows:

( New cost - Old cost ) / Old cost * 100%

So, the percentage increase in cost is:

( 9.909.90 - 9.00 ) / $9.00 * 100% = 10%

So, the correct answer is 10%.

This problem has been solved

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