12. Oranges are bought at 6 for 20 and sold at 4 for 18. Find the gain or loss per cent
Answers
Answered by
15
Answer:
There is a 35% gain.
Step-by-step explanation:
Here is the solution:
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Find the cost of 1 orange:
6 oranges = Rs 20
1 orange = 20 ÷ 6 = Rs 10/3
Find the selling price of 1 orange:
4 oranges = Rs 18
1 orange = 18/4 = Rs 9/2
Find the profit / loss:
Since 9/2 > 10/3 ⇒ It is a profit
Profit = Selling Price - Cost Price
Profit = 9/2 - 10/3 = Rs 7/6
Find the profit percentage:
Profit percentage = (profit ÷ cost price) x 100
Profit percentage = ( 7/6 ÷ 10/3 ) x 100 = 35%
Answer: There is a 35% gain.
Answered by
61
Answer:
= 3.333
To find:
Formula:
= 100
Solution:
= 100
= 100
Gain percent= 35.135%
Hope it helps you
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