A Shopkeeper buys 100 mangoes at Tk. 12 each. He sells 60 mangoes at Tk. 17.40 each and x mangoes at Tk. 11.31 each. The shopkeeper makes a profit of at least 10%. Find the least possible value of x.
Solution
Correct Answer: Option B
Total Cost price of 100 mangoes = (100×12) = 1200 tk.
At 10% profit, total Selling price = (1200×110)/100 = 1320 tk.
Total Selling Price of 60 mangoes each 17.40 tk
= (60×17.40) = 1044 tk.
And, total Selling Price of x mangoes each 11.31 tk
= 11.31x tk.
ATQ,
11.31x = 1320-1044
Or, x = 276/11.31
Or, x = 24.40
So the least possible value of x = 25
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