Question:
A fruit vendor sells mangoes and bananas and gets equal revenue from each. He gets a profit of 20% on each mango and a profit of 25% on each banana. What is the ratio of the cost price of a banana to that of a mango?
Statement 1: The ratio of number of bananas sold to number of mangoes sold is 4 : 1
Statement 2: If x be the revenue from each of mangoes and bananas then cost of each mango is \((\frac{5x}{6})\) and banana is \((\frac{4x}{5})\)
A fruit vendor sells mangoes and bananas and gets equal revenue from each. He gets a profit of 20% on each mango and a profit of 25% on each banana. What is the ratio of the cost price of a banana to that of a mango?
Statement 1: The ratio of number of bananas sold to number of mangoes sold is 4 : 1
Statement 2: If x be the revenue from each of mangoes and bananas then cost of each mango is \((\frac{5x}{6})\) and banana is \((\frac{4x}{5})\)
Statement 1: The ratio of number of bananas sold to number of mangoes sold is 4 : 1
Statement 2: If x be the revenue from each of mangoes and bananas then cost of each mango is \((\frac{5x}{6})\) and banana is \((\frac{4x}{5})\)
Updated On: Jul 25, 2024
- Statement (1) alone is sufficient to answer the question
- Statement (2) alone is sufficient to answer the question
- Both the statements together are needed to answer the question
- Either statement (1) alone or statement (2) alone is sufficient to answer the question
- Neither statement (1) nor statement (2) suffices to answer the question
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The Correct Option is A
Solution and Explanation
The Correct Option is (A):Statement (1) alone is sufficient to answer the question
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