A fruit vendor purchased 21 apples for Rs 180 33 1 3 of the apples were rotten and had to be thrown ...........

Quant (SSC) Profit and loss

A fruit vendor purchased 21 apples for Rs 180. 33 1/3% of the apples were rotten and had to be thrown away. What price should the trader charge per apple if he wants to earn a profit of 16 2/3%?

Rs 28

Rs 15

Rs 22

Rs 25

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Explanation:

33 1/3 % rotten implies 100/3 * 100 *21 = 7 rotten
14 apples left
For profit of 16 2/3% or 50/3%
S.P. of 14 apples should be (100 + 50/3)/100 * 180 = 210
S.P. of 1 apples should be = 210/14 = 15