The 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?Options10%16%18%12%
Question
The 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?Options10%16%18%12%
Solution
Let's solve this step by step:
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Let's assume the cost of a guava is 0.75. The cost of an apple, which is twice the cost of a banana, would be $1.50.
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If the cost of each type of fruit increases by 10%, the new cost of a guava would be 0.825, and the new cost of an apple would be $1.65.
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The total cost of 4 bananas, 2 apples, and 3 guavas before the price increase would be (4 * 1.50) + (3 * 3.00 + 3.00 = $9.00.
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The total cost of 4 bananas, 2 apples, and 3 guavas after the price increase would be (4 * 1.65) + (3 * 3.30 + 3.30 = $9.90.
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The percentage increase in cost would be ((9.00) / $9.00) * 100 = 10%.
So, the answer is 10%.
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