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A shopkeeper, sold cocoa seeds at the rate Rs 1,230 a kg and bears a loss of 5%. Now if he decides to sell it at Rs 1,353 per kg, what will be the result?

A.4.5 percent gain
B.9 percent gain
C.4.5 percent loss
D.9 percent loss
Answer and Feedback
Answer:A
Feedback:CP of Cocoa seeds = 100/95 X 1230 = 24600/19.
if SP is Rs.1353, profit% = (1353 - (24600/19)) / (24600/19) X 100
= (25707 - 24600)/246 = 1107/246 =4.5%

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