Multiple choice

If a vendor sells apples at Rs. 170 per kg, he suffers a 15% loss. If he sells at Rs. 230 per kg, then what would his profit percentage be?

  1. 15

  2. 10

  3. 5

  4. 20
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Selling at 170 gives 15% loss, so 0.85 * CP = 170, CP = 200. Selling at 230 gives profit = 230 - 200 = 30. Profit % = (30/200) * 100 = 15%.

AI explanation

Let the cost price be C. Selling at Rs. 170 results in a 15% loss, so C multiplied by 0.85 equals 170. Solving this gives the cost price as Rs. 200. When he sells at Rs. 230, the profit is 230 minus 200, which is Rs. 30. The profit percentage is (30 / 200) multiplied by 100, resulting in 15%.

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