Question

100 mangoes are bought for rs 80.Out of these 100 mangoes 10 are spoilt and have to be thrown away.If the remaining mangoes are sold at 85 paise each.Find the loss or gain percent

Answer 1

The loss percentage is 4.375%.

• 100 mangoes are bought for Rs 80.

Cost of 100 mangoes is Rs.80.

• Out of the 100 mangoes, 10 are spoilt.
• Number of mangoes remaining = 90
• Remaining mangoes are sold for 85 paise each.

Selling price of 90 mangoes = 0.85 × 90 = Rs. 76.5

• As the selling price is less than the cost price , it is a loss.
• Loss = Cost price - Selling price = Rs.80 - Rs 76.5 = Rs. 3.5

Loss percentage = $\frac{Loss}{Cost \ price}$ × 100

Loss percentage = $\frac{3.5}{80}$ × 100

Loss percentage = 4.375%