Question

a fruit vendor buys a basket of 100 oranges for rs. 300.he sells the oranges @70 a score. find gain or loss percent

Answer 1

Cost price =₹300
1 score 20 articles here 20 oranges
Cp of 5 scores =300
Sp=70 for 1 score
For 5 scores sp=5(70)=350
Gain=sp-cp=50
Gain %=gain/cp(100)
= 50/300(100)
= 50/3
=16.66%

Answer 2

Step-by-step explanation:

score=20 hence basket contain 100/20=5score

sell amount 70X5=350

profit=350-300==50

on investing 300 the profit is 50

% profit=50 x100divided by 300

=50/3==16.67%(about)