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IPMAT Indore 2026 PYQsShort Answers (Quants). Free, no login required.

Ram purchased 3 oranges at Rs. 20 each and 5 mangoes at Rs. 38 each and then sold them by offering discounts of 25% and 20% on the fixed marked prices of oranges and mangoes, respectively. If he earned a profit of 50% on selling the oranges alone, and a total profit of 32% on selling all the fruits, then the marked price of each mango was ___

Entered answer:

Solution

Correct Answer: 60

Total cost price =3×20+5×38=60+190=250= 3 \times 20 + 5 \times 38 = 60 + 190 = 250 rupees.


Selling price of oranges (with 50%50\% profit) =60×1.5=90= 60 \times 1.5 = 90 rupees.


Total selling price (with 32%32\% overall profit) =250×1.32=330= 250 \times 1.32 = 330 rupees.

Selling price of 55 mangoes =33090=240= 330 - 90 = 240 rupees.

Selling price of one mango:

2405=48\dfrac{240}{5} = 48 rupees.


A 20%20\% discount means SP=0.80×MPSP = 0.80 \times MP.

Marked price of one mango:

480.80=60\dfrac{48}{0.80} = 60 rupees.

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