A fruit vendor buys oranges at 6 for rs 10 and an equal number at 10 for rsr 20. He mixes them and sells at rsr 21.60 per dozen. Find his gain or loss percent.
Answers
Answered by
2
cost price of six oranges = rs10
cost price of 1 orange = rs10/6
cost price of 10 orange = rs20
cost price of 1 orange = rs20/10
= rs2
total cost price = rs2+rs10/6
= rs22/6
selling price of 1 dozen = rs 21.60
as we all know that 1 dozen = 12
therefore, selling price of 1 orange = rs 21.60/12
= rs 1.8 or 216/120
as we can see that cost price is greater, therefore loss is made.
loss = cost price - selling price
= 22/6-216/120
= rs 224/120
loss % = loss/cost price ×100 ( it is a formula )
= 224/120/22/6
= 224×6/120×22 ×100
= 50.9%
cost price of 1 orange = rs10/6
cost price of 10 orange = rs20
cost price of 1 orange = rs20/10
= rs2
total cost price = rs2+rs10/6
= rs22/6
selling price of 1 dozen = rs 21.60
as we all know that 1 dozen = 12
therefore, selling price of 1 orange = rs 21.60/12
= rs 1.8 or 216/120
as we can see that cost price is greater, therefore loss is made.
loss = cost price - selling price
= 22/6-216/120
= rs 224/120
loss % = loss/cost price ×100 ( it is a formula )
= 224/120/22/6
= 224×6/120×22 ×100
= 50.9%
Similar questions