A fruit seller sold 10 oranges for rupees 25 each.If he made a loss of rupees 25, at which prive did he buy each orange?
Answers
Answer:
27.5
Step-by-step explanation:
275/10
27.5
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Answer:
The fruit seller bought each orange at Rs. 27.50, and sold them at Rs. 25 each, incurring a loss of Rs. 25 on the total sale.
Step-by-step explanation:
To find the cost price (CP) of each orange, we need to use the formula:
CP = (SP - Loss) / Quantity
Here, SP (selling price) is given as Rs. 25 per orange, and the quantity is 10 oranges. The loss is given as Rs. 25. So, putting these values in the formula, we get:
CP = (25 - 25) / 10 = 0
This means that the fruit seller did not make any profit on the sale of 10 oranges at Rs. 25 each. In fact, he incurred a loss of Rs. 25, which means that his actual cost of buying 10 oranges was Rs. (250 + 25) = Rs. 275.
Now, to find the cost price of each orange, we divide the total cost by the quantity. So,
CP = Total Cost / Quantity = 275 / 10 = Rs. 27.50
Therefore, the fruit seller bought each orange at Rs. 27.50, and sold them at Rs. 25 each, incurring a loss of Rs. 25 on the total sale.
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