7. A shopkeeper buys 15 changes for Rs21 and sells them at 20 oranges for Rs25. Find his gains or loss percentage.
Answers
Answer:
Loss of 7 % approx
Step-by-step explanation:
C.P for 15 orange = 21 Rs.
C.P for 1 Orange = 21/15 or 7/5 rupees.
Thus C.P for 20 orange will be 7/5*20 or 28 Rupees
S.P. for 20 Oranges= 25 Rs
As C.P>S.P , there is a loss
Loss: 28-25= 3
Loss percentage= 3/28 *100
= 7 17/19%
Hello dear !
Given :-
- buying 15 at Rs. 21
- Selling 20 oranges at Rs. 25
to find:-
- Gain or loss percentage
Solution:-
first let's find the Cost Price of the Oranges
=> Cost of 15 oranges = 21Rs.
=> Cost of 1 orange = 21/15 = 1.4 Rs.
Now let's find the Selling price of the Oranges.
=> Cost of 20 oranges = 25Rs.
=> Cost of 1 orange = 25/20 = 1.25 Rs.
since, CP>SP
so, loss of :-
1.4 - 1.25 = 0.15 Rs
we can clearly observe that it is a Loss of 0.15Rs.
now we have to find the Loss percentage..
by using the formula :-
substituting the values.:-
loss % = 0.15/1.4 × 100 = 10.7
Hence, there is a Loss of 10.7%