Question

A fruit vendor buys certain number of oranges. If the selling price of 6 oranges is equal to the cost price of 5 oranges, find his profit or loss percentage.

Answer 1

Answer:

Step-by-step explanation:

Let the CP of 5 oranges be 30

Therefore CP of 1 orange=6

CP of 5 oranges=SP of 6 oranges

Therefore SP of 1 orange=5

Loss=CP-SP

=6-5

=1

Loss percentage=Loss/CP ×100

=1/6×100

Therefore loss percent =100/6

=16.66%

This is a recurring decimal fraction