A fruit vendor buys oranges at 6 for ₹10 and an equal number at 10 for ₹ 20. He mixes them and sells at ₹21.60 per dozen. Find his gain or loss per cent
Answers
Answer:
Loss ℅=1.81
Step-by-step explanation:
Since we have given that
A fruit vendor has to purchase equal number of oranges .
And we have selling price of per dozen = Rs. 21.60
So, it means ,
He purchased 6 oranges each from two cases.
From First case:
Cost of 6 orange = Rs. 10
From Second case:
Cost of 10 oranges = Rs. 20
Cost of 6 oranges is given by
\begin{gathered}\frac{20}{10}\times 6\\\\=Rs.12\end{gathered}
10
20
×6
=Rs.12
So, Total cost of 1 dozen becomes
10+12=Rs.2210+12=Rs.22
Now, We can see that
Cost price > Selling price
So, there is a loss.
We need to find the loss percentage.
\begin{gathered}Loss=Cost-Selling\\\\loss=22-21.60\\\\Loss=0.40\end{gathered}
Loss=Cost−Selling
loss=22−21.60
Loss=0.40
and Loss % is given by
\begin{gathered}Loss\%=\frac{Loss}{Cost}\times 100\\\\Loss\%=\frac{0.40}{22}\times 100\\\\Loss\%=1.81\%\end{gathered}
Loss%=
Cost
Loss
×100
Loss%=
22
0.40
×100
Loss%=1.81%
Hence, there is a loss percentage of 1.81%.