# an orange vendor makes a profit of 10% by selling oranges at a certain price. if he charges rs. 1.4 higher per orange he would gain 30%. find the original price at which he sold an orange.

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## An orange vendor makes a profit of 20 % by selling oranges at a certain price. If he charges Rs 1.2 higher per orange, he would gain 40 %. Find the original price at which he sold an orange.

An orange vendor makes a profit of 20 % by selling oranges at a certain price. If he charges Rs 1.2 higher per orange, he would gain 40 %. Find the original price at which he sold an orange.

Question

An orange vendor makes a profit of 20% by selling oranges at a certain price. If he charges Rs 1.2 higher per orange, he would gain 40%. Find the original price at which he sold an orange.

A Rs 5 B Rs 4.8 C Rs 6 D None of these Open in App Solution

The correct option is **D** None of these

By charging Rs 1.2 more, his profit should double to 40%. This means that his profit of 40% should be equal to Rs 2.4. Thus, his cost price must be Rs 6 and his original selling price should be 7.2. Hence, option (d) is correct.

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SIMILAR QUESTIONS

**Q.**A hawker sells orange at a profit of

25 %

. If he reduces the selling price of each orange by

60

paise, he earns a profit of

5 %

. Find the final selling price of each orange.

**Q.**Raghu bought 4 dozen oranges at Rs. 12 per dozen and 2 dozen oranges at Rs. 16 per dozen. He sold them all to earn 20% profit. At what price per dozen did he sell the oranges ?

**Q.**Mohan bought a certain number of oranges at Rs. 60 per score and sold them at 20% profit. Find the selling price of each orange.

**Q.**A fruit vendor buys some oranges at the rate of Rs.

5

per orange. He also buys an equal number of bananas at the rate of Rs.

2

per banana. He makes a

20

% profit on orange and

15

% profit on bananas. At the end of the day, all the fruit is sold out. His total profit is Rs.

390

. Find the number of oranges purchased.

**Q.**Three hundred oranges were bought at Rs.40 per dozen and sold at a profit of Rs.25. The selling price of the oranges per dozen is

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## An orange vendor makes a profit of 20% by selling orange at a certain

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**Bunuel**

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Joined: **02 Sep 2009 **

Posts: **87872**

An orange vendor makes a profit of 20% by selling orange at a certain [#permalink]

10 Jul 2019, 01:04 4 Bookmarks Expert Reply 00:00 A B C D E

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An orange vendor makes a profit of 20% by selling orange at a certain price. If he charges $1.2 higher per orange he would gain 40%. Find the original price at which he sold an orange.

(A) 4 (B) 4.8 (C) 5 (D) 6 (E) 7.2 Show Answer _________________

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**abhishekdadarwal2009**

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Re: An orange vendor makes a profit of 20% by selling orange at a certain [#permalink]

10 Jul 2019, 01:28 IMO : E

An orange vendor makes a profit of 20% by selling orange at a certain price. If he charges $1.2 higher per orange he would gain 40%. Find the original price at which he sold an orange.

(A) 4 (B) 4.8 (C) 5 (D) 6 (E) 7.2 Sol:

120/100*+1.2=140/100

(12/10)X +12/10=(14/10)x

12X+12=14X 2x=12

x=6, that means the price before profit is 6 and when we add 20% then we see that option A,B,C and D are all lower than (120/100)6,

only option left =7.2. .

to verify

7.2+1.2=8.4 and (8.4/6)*100=140/100= 40% profit.

L

**Kinshook**

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GMAT 1: **690 Q50 V34**

WE:**Engineering (Transportation)**

Re: An orange vendor makes a profit of 20% by selling orange at a certain [#permalink]

10 Jul 2019, 01:30 1 Kudos Bunuel wrote:

An orange vendor makes a profit of 20% by selling orange at a certain price. If he charges $1.2 higher per orange he would gain 40%. Find the original price at which he sold an orange.

(A) 4 (B) 4.8 (C) 5 (D) 6 (E) 7.2

Let cost price be c and selling price be s

s=1.2c s+1.2 = 1.4c 1.2c + 1.2 = 1.4c c c+1 = 6 7 cc+1=67 c=6 s=7.2 IMO E _________________ Kinshook Chaturvedi

Email: kinshook.chaturvedi@gmail.com

P

**prabsahi**

Senior Manager

Joined: **09 Jun 2014 **

Posts: **255** Location: **India**

Concentration: **General Management, Operations**

Re: An orange vendor makes a profit of 20% by selling orange at a certain [#permalink]

10 Jul 2019, 07:06 3 Kudos

Normally the shopkeeper makes a profit of 20%.However if he charges 1.2 higher it results in profit of 40%

This implies $1.2 contributes 20% of profit.

Now its easy.Lets assume cost price is x.

So 20% of x = 1.2 0.20x = 1.2 x= 6

Now target question is to find the original price at which he sold an orange.

SP=CP+Profit = 6+1.2 = 7.2

Hope it helps!! B

**kivcool**

Intern

Joined: **17 Jan 2019 **

Posts: **5** Location: **India**

Re: An orange vendor makes a profit of 20% by selling orange at a certain [#permalink]

10 Jul 2019, 07:40 1 Kudos

Let the selling price(SP) with 20% profit be 1.2x, where x is Cost Price.

SP with 40% profit = 1.4x

Now, 1.4x - 1.2x = 1.2 .2x = 1.2 x= 6

SP with 20% profit = 1.2*6 = 7.2

D

**QuantMadeEasy**

Senior Manager

Joined: **27 Feb 2014 **

Posts: **478** Location: **India**

Concentration: **General Management, International Business**

GMAT 1: **570 Q49 V20** GPA: **3.97**

WE:**Engineering (Education)**

Re: An orange vendor makes a profit of 20% by selling orange at a certain [#permalink]

## Profit and Loss Problems with Solutions

Go through the solved examples based on profit and loss and learn the various tips to solve the profit and loss math problems. The answers and explanations are given for the questions.

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## Profit & Loss Practice Problems: Level 01

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**Q.1.**A real estate agent sells two sites for Rs. 18000 each. On one he gains 25% and on the other he loses 25 %. What is his loss or gain percent?

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C. No profit no loss

D. 4% loss E. 4% profit

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**Q.2.**If a retailer marks up his price by 30 % and then allows a 30 % discount, what is his percentage profit or loss?

A. 9 % gain B. 8 % gain C. 8% loss D. 9 % loss E. 5% loss

**Q.3.**By selling an article for Rs 600 more, Karthik would have made 5% profit on his sale instead of a 11% loss. What was his cost price?

A. Rs. 3750 B. Rs. 4000 C. Rs. 2250 D. Rs. 6,000 E. Rs. 4750

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A. 10 % B. 20% C. 30% D. 16.67% E. 12.5%

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A. 14 % B. 10% C. 18% D. 12.5% E. 12%

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**Q.6.**In order to maintain the price line, a trader allows a discount of 12 % on the marked price of goods in his ship. However, he still makes a gross profit of 32 % on the cost price. Find the profit percent he would have made on the selling price had he sold at the marked price.

A. 28.07 % B. 50 % C. 31.21 % D. 23 % E. 40%

**Q.7.**An orange vendor makes a profit of 10% by selling oranges at a certain price. If he charges Rs. 1.4 higher per orange he would gain 30%. Find the original price at which he sold an orange.

A. Rs. 6 B. Rs. 5.80 C. Rs. 6.25 D. Rs. 6.70 E. Rs 7.70

**Q8.**A man bought a horse for a certain sum and sold it, at a loss of 8 % on his outlay. If he had received Rs. 1800 more, he would have gained 14½ % on his outlay. What did the horse cost?

A. Rs. 3,500 B. Rs. 5,000 C. Rs. 6,000 D. Rs. 8,000 E. Rs. 6500

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A. 10 % B. 25 % C. 42 % D. 20 % E. 35%

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