peketoons wrote:
A grocer buys apples for 63¢ per pound. If 10% of the apples goes bad and he still wants to make a 20% profit over his purchase price, what should be the sales price?
A) 66¢
B) 70¢
C) 75¢
D) 77¢
E) 84¢
Source : BARRONS - Gmat Math Workbook
After 10% apple goes bad only 90% apple is left.
SO, lets say there is only 100 pound of apple. Now apple left = 90 pound.
Also cost price = 63¢ per pound
So, grocer wants to get a total value of money = 63*1.2*100 ¢
Now let the actual sales price
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