Question

2) Oranges are bought at 100 for Rs 80 and 8 of them are sold at 80
for Rs 100. Find the loss or gain as percent in this transaction.​

Answer 1

Answer:

56.25%

Step-by-step explanation:

He bought oranges, 100 for 80

Cost of each orange = 80/100 = 0.8

Selling price of oranges = 80 for 100

selling price of each = 100/80 = 1.25

cost of 100 oranges = 80

selling price of 100 oranges = 125

% of profit = 45/80 x 100 = 56.25%