Question

5. A fruitseller buys oranges at the rate of 5 for 8 and sells them at 2 for 5. Find the profit or loss on selling one orange. Also, find the profit % or loss %.please tell

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Answer 1

Answer:

cost  price of 5 apples = 8

total cost price of 5 apples =  8 X 5 = Rs 40

Selling price of 5 apples = 2

Total  Selling price  = 5 X 2 = Rs 10

Loss = Rs(40 - 10) = Rs 30

Loss % = 30 X 100 % = 3 X 25 =  75 %

              40

hence Rs 30 is the loss the fruitseller made

and 75 % is the loss % the fruitseller made