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. Statement (1) alone is sufficient to answer the question
• B. Statement (2) alone is sufficient to answer the question
• C. Both the statements together are needed to answer the question
• D. Either statement (1) alone or statement (2) alone is sufficient to answer the question
• E. Neither statement (1) nor statement (2) suffices to answer the question

Answer 1

Answer: (A)

Statement (1) alone is sufficient to answer the question

Answer 2

The Correct Option is (A):Statement (1) alone is sufficient to answer the question