If bananas are bought at the rate of 7 f

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

If bananas are bought at the rate of 7 for Rs. 1, how many must be sold for Rs. 1 to gain 40%?

Options:

Correct Answer:

Explanation:

SP of 7 bananas = (100 + 40) % of Rs. 1

= \(\frac{140}{100}\) = \(\frac{7}{5}\) Rs.

No. of bananas sold for Rs. 1 = \(\frac{7}{7}\) × 5

= 5