Question

A fruit seller buys a stock of 200 oranges at Rs 6 each and another stock of 200 oranges at Rs 8 each.while sorting through them, he finds that there are 40 rotten oranges which he cannot sell. Find the price at which he mus sell each orange so as to make a profit of 10% in the complete transaction.

Answer 1

Answer:

The loss percentage is 27%

Step-by-step explanation:

1 score = 20 units

Find the total cost price:

20 oranges = Rs 120

1 orange = 120 ÷ 20 = Rs 6

200 oranges = 6 x 200 = Rs 1200

Find the total revenue:

Total oranges sold = 200 - 25 = 175

1 orange = Rs 5

175 oranges = 175 x 5 = Rs 875

Find the profit / loss:

Since cost price > selling price ⇒ It is a loss

Loss = 1200 - 875 = Rs 325

Find the loss percentage:

Loss percentage = loss/cost price x 100

Loss percentage =325/1200 x 100 = 27%

Answer: The loss percentage is 27%