3. A man purchases some oranges @ Re. 1 for 6 and
an equal number @ Re. 1 for 4. He mixed them
and sold @ 20 paise each. His gain or loss in
percent is
(a) loss 5%
(b) loss 4%
(c) profit 5%
(d) profit 4%
Answers
Answered by
6
Answer:
loss 4%
Step-by-step explanation:
let say man buys 24x oranges
then
12x oranges bought for 2x rs
another 12x bought for 3x 3s
total spent = 2x + 3x = 5x
sold 20 pcs each
24x sold in 24x * 20/100 = 4.8x
loss = 5x -4.8x = 0.2x
loss % = (0.2x/5x) *100 = 4%
loss 4%
option b is right answer
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