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Profit and Loss

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  1. A man bought 25 crates of oranges for Rs. 10,000. He lost 5 crates. In order to earn a total profit of 25% of the total cost, he would have to sell each of the remaining crates at
    1. Rs. 650
    2. Rs. 625
    3. Rs. 600
    4. Rs. 575
Correct Option: B

Given in question , Five crates out of 25 crates of oranges were lost.
∴ C.P. of 20 crates of oranges = Rs. 10000

S.P. of 20 crates of oranges = Rs.
10000 × 125
= Rs. 12500
100

∴ S.P. per crate =
12500
 = Rs. 625
20


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