Question

A fruit seller bought 200 oranges for ₹120 a score. He found that 25 oranges were rotten. He sold the remaining oranges for ₹5 each. Find his profit or loss percentage.

Answer 1

Answer:

Loss of 27.1 per cent (approx)

Step-by-step explanation:

The fruit seller bought 200 oranges for Rs.120 per score

1 score = 20 units

=> Cost of 20 oranges = Rs.120

=> Cost of 1 orange = Rs.6

Cost price of 200 oranges = Rs.1200

CP = Total cost price = Rs.1200

Seller finds that 25 oranges are rotten and cannot be sold.

=> He sold (200 - 25) = 175 oranges

Selling price per orange = Rs.5

=> SP = Total selling price  = 175 * 5 = Rs.875

As SP < CP, the fruit seller has made a loss

Loss = CP - SP

        = 1200 - 875

         = 325

Loss% = 100*(Loss/CP)

          = 100*(325/1200)

          =  100*(0.2708)

          = 27.08

The fruit seller made a loss of 27.1 per cent