Choose Language

Select your preferred reading language
🇬🇧
English
🇮🇳
हिन्दी
Full View
NTPC Graduate Tier 1 2025 Shift-2 📅 06 Jun, 2025

A vendor bought lemons at 6 for ₹1. How many lemons must he sell for ₹1 to gain 100%?

A
3
B
7
C
4
D
5
Result Summary
Logo

APEDIA

NTPC Graduate Tier 1
2025 • 06 Jun, 2025 • Shift-2
A vendor bought lemons at 6 for ₹1. How many lemons must he sell for ₹1 to gain 100%?
Correct Answer
3
Cost Price Analysis: The cost price (CP) for 6 lemons is exactly ₹1. Therefore, the CP of a single lemon is ₹1/6.Profit Target Strategy: The vendor aims for......
💡 Analysis & Explanation
Cost Price Analysis
The cost price (CP) for 6 lemons is exactly ₹1. Therefore, the CP of a single lemon is ₹1/6.
Profit Target Strategy
The vendor aims for a 100% profit margin. This means the selling price (SP) must be double the cost price: SP = CP + 100% of CP = 2 × CP. Thus, the SP of one lemon should be 2 × (1/6) = ₹1/3.
Final Calculation
If 1 lemon is sold for ₹1/3, then for a total of ₹1, the vendor needs to sell exactly 3 lemons.
Conclusion
The vendor must sell 3 lemons for ₹1 to meet the profit goal.