Knowee
Questions
Features
Study Tools

A vendor bought apples at 6 for ₹55 and oranges at 6 for ₹50. He bought four times as many apples as oranges. One-fortieth of the apples and seven-twentieths of the oranges got spoilt. He sold the rest of the apples at ₹12 per piece and the oranges at ₹10 per piece. The overall profit made by him is _____. % % % %

Question

A vendor bought apples at 6 for ₹55 and oranges at 6 for ₹50. He bought four times as many apples as oranges. One-fortieth of the apples and seven-twentieths of the oranges got spoilt. He sold the rest of the apples at ₹12 per piece and the oranges at ₹10 per piece. The overall profit made by him is _____. % % % %

🧐 Not the exact question you are looking for?Go ask a question

Solution

Sure, let's break this down step by step:

  1. First, let's find out the cost price of each apple and orange. The vendor bought apples at 6 for ₹55, so the cost price of each apple is ₹55/6 = ₹9.17 (approximately). Similarly, he bought oranges at 6 for ₹50, so the cost price of each orange is ₹50/6 = ₹8.33 (approximately).

  2. The vendor bought four times as many apples as oranges. Let's assume he bought 'x' oranges. Therefore, he bought '4x' apples.

  3. One-fortieth of the apples and seven-twentieths of the oranges got spoilt. So, the number of apples that got spoilt is 4x/40 = x/10 and the number of oranges that got spoilt is 7x/20.

  4. The vendor sold the rest of the apples at ₹12 per piece and the oranges at ₹10 per piece. So, the number of apples sold is 4x - x/10 = 3.9x and the number of oranges sold is x - 7x/20 = 0.65x.

  5. The total cost price is (4x * cost price of each apple) + (x * cost price of each orange) = (4x * ₹9.17) + (x * ₹8.33).

  6. The total selling price is (number of apples sold * selling price of each apple) + (number of oranges sold * selling price of each orange) = (3.9x * ₹12) + (0.65x * ₹10).

  7. The profit is the total selling price - the total cost price.

  8. The profit percentage is (profit / total cost price) * 100.

Without the actual number of oranges 'x', we can't calculate the exact profit. However, we can say that the profit percentage will be positive because the selling price of each apple and orange is higher than their cost price.

This problem has been solved

Similar Questions

Ravi bought 100 green apples and 65 red apples. The price of a green apple is thrice that of a red apple. 10 green apples and 5 red apples were spoiled during transportation. Each of the good apples is sold at the same price, which is 15% less than the cost price of a green apple. Find Ravi’s profit percentage

A fruit seller purchased 20 dozen bananas for ₹ 400, out of these, 4 bananas were rotten, and could not be sold. At what rate per dozen should he sell the remaining bananas in order to get profit of 18%.₹ 25₹ 22₹ 24₹ 23

Rajesh bought a total of 87 oranges and apples. The price of an orange is ₹12 and that of an apple is ₹15. The total cost of apples is more than the total cost of the oranges. Find the number of apples bought by him.45394248

t the correct answerA fruit vendor buys apples at the rate of 10 for 100. How many should he sell for 100, so that he makes a profit of 25% ?

A man bought 80 apples for $32. He found that 25% of the apples were bruised and he sold the good ones at $0.60 each. Did the man make a profit or loss?

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.