Question

15., By selling 24 oranges, a vendor suffer a loss equal to selling price of 8 oranges. Find his gain or loss percent.
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Answer 1

Answer:

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Step-by-step explanation:

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Answer 2

$\huge \purple{ \underline{ \boxed{ \red{ \mathbb{ANSWER : }}}}}$

$\red{ \textsf{Loss percentage = \orange{25 \% }}}$

$\huge \purple{ \underline{ \boxed{ \red{ \mathbb{EXPLANATION : }}}}}$

$\red{ \textsf{Let x be the price of an orange . }}$

$\green{ \mathbb{ACCORDING \: TO \: QUESTION :}}$

$\red { \textsf{Cost Price = 24x+8x = 32x}}$

$\red{ \textsf{Selling Price=24x}}$

$\red{\mathsf{Loss \: Percentage = \frac{Cost Price - Selling Price }{Cost Price} \times 100 }}$

$\red{\mathsf{Loss \: Percentage = \frac{8 \cancel{x}}{32 \cancel{x}} \times 100}}$

$\red{\mathsf{Loss \: Percentage = \frac{100}{4} }}$

$\red{ \colorbox{yellow}{\boxed{\mathsf{Loss \: Percentage = 25\%}}}}$