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t the correct answerA fruit vendor buys apples at the rate of 10 for 100. How many should he sell for 100, so that he makes a profit of 25% ?

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t the correct answerA fruit vendor buys apples at the rate of 10 for 100. How many should he sell for 100, so that he makes a profit of 25% ?

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Solution

Sure, let's break it down:

  1. The cost price of each apple for the vendor is 100/10 = 10.

  2. The vendor wants to make a profit of 25%. So, the selling price of each apple should be 125% of the cost price.

  3. 125% of 10 is 12.5. So, the selling price of each apple should be 12.5.

  4. Therefore, for 100, the vendor should sell 100/12.5 = 8 apples.

So, the vendor should sell 8 apples for 100 to make a profit of 25%.

This problem has been solved

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