A man bought 15 mangoes at Rs 36 for 5 mango and sold all of them at four…
2024
A man bought 15 mangoes at Rs 36 for 5 mango and sold all of them at four mango for Rs 45. How much did the man earn or lost in this transaction ?
- A.
66.75 Rs
- B.
55 Rs
- C.
70.75 Rs
- D.
60.75 Rs
Attempted by 15 students.
Show answer & explanation
Correct answer: D
Step-by-step solution:
Compute the cost price (CP) of 15 mangoes: Rs 36 is for 5 mangoes, so for 15 mangoes CP = 36 × (15 ÷ 5) = 36 × 3 = Rs 108.
Compute the selling price (SP) of 15 mangoes: Rs 45 is for 4 mangoes, so SP per mango = 45 ÷ 4 = Rs 11.25. For 15 mangoes SP = 11.25 × 15 = Rs 168.75.
Compute profit: Profit = SP − CP = 168.75 − 108 = Rs 60.75.
Answer: The man earned Rs 60.75.