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Miller sold apples at 125% of what it cost him.
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29 Apr 2019, 02:10
29 Apr 2019, 02:10
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Miller sold apples at 125% of what it cost him.
A)The quantity in Column A is greater.
B)The quantity in Column B is greater.
C)The two quantities are equal.
D)The relationship cannot be determined from the information given.
Quantity A |
Quantity B |
The profit made by selling 100 apples |
The profit made by selling 200 apples at a further 10% discount |
A)The quantity in Column A is greater.
B)The quantity in Column B is greater.
C)The two quantities are equal.
D)The relationship cannot be determined from the information given.
Re: Miller sold apples at 125% of what it cost him.
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16 May 2019, 04:33
16 May 2019, 04:33
1
Hi,
The answer here will be (B).
Consider the Cost Price of a single apple to be 'x'. Therefore, the Selling Price for a single apple will be 2.25x.
For 100 apples, the SP will be 2.25x * 100 = 225x - (i)
For 200 apples, the SP will be 2.25x * 200 = 450x, or the double of (i).
But there is a discount of 10% as well. Therefore, the value will become 450x * 0.9=405x.
405x > 225x, therefore the answer here is (B).
These calculations may become easier for you if you assume a value of each apple to be Rs. 100.
For instance, Option A will result in $225, while Option B will be a discount of 10% on double the amount obtained in Option A, i.e., a 10% discount on $450, which is $405. Since, 405 is greater than 225, the answer will be (B).
The answer here will be (B).
Consider the Cost Price of a single apple to be 'x'. Therefore, the Selling Price for a single apple will be 2.25x.
For 100 apples, the SP will be 2.25x * 100 = 225x - (i)
For 200 apples, the SP will be 2.25x * 200 = 450x, or the double of (i).
But there is a discount of 10% as well. Therefore, the value will become 450x * 0.9=405x.
405x > 225x, therefore the answer here is (B).
These calculations may become easier for you if you assume a value of each apple to be Rs. 100.
For instance, Option A will result in $225, while Option B will be a discount of 10% on double the amount obtained in Option A, i.e., a 10% discount on $450, which is $405. Since, 405 is greater than 225, the answer will be (B).
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Re: Miller sold apples at 125% of what it cost him.
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20 May 2019, 06:42
20 May 2019, 06:42
1
grewhiz wrote:
Hi,
The answer here will be (B).
Consider the Cost Price of a single apple to be 'x'. Therefore, the Selling Price for a single apple will be 2.25x.
For 100 apples, the SP will be 2.25x * 100 = 225x - (i)
For 200 apples, the SP will be 2.25x * 200 = 450x, or the double of (i).
But there is a discount of 10% as well. Therefore, the value will become 450x * 0.9=405x.
405x > 225x, therefore the answer here is (B).
These calculations may become easier for you if you assume a value of each apple to be Rs. 100.
For instance, Option A will result in $225, while Option B will be a discount of 10% on double the amount obtained in Option A, i.e., a 10% discount on $450, which is $405. Since, 405 is greater than 225, the answer will be (B).
The answer here will be (B).
Consider the Cost Price of a single apple to be 'x'. Therefore, the Selling Price for a single apple will be 2.25x.
For 100 apples, the SP will be 2.25x * 100 = 225x - (i)
For 200 apples, the SP will be 2.25x * 200 = 450x, or the double of (i).
But there is a discount of 10% as well. Therefore, the value will become 450x * 0.9=405x.
405x > 225x, therefore the answer here is (B).
These calculations may become easier for you if you assume a value of each apple to be Rs. 100.
For instance, Option A will result in $225, while Option B will be a discount of 10% on double the amount obtained in Option A, i.e., a 10% discount on $450, which is $405. Since, 405 is greater than 225, the answer will be (B).
Can you please explain why selling at 125% of his cost isn't equal to 1.25? If it cost him 1$ to purchase the apple, isn't 125% of $1 = $1.25?
