a fruit vendor buys oranges at rate of 5 for rs 40 and sells them at rs 9 per orange.Find gain percent.
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Answer:
12.5%
Step-by-step explanation:
Find the cost price of 1 orange:
5 oranges = Rs 40
1 orange = 40 ÷ 5 = Rs 8
Find the selling price of 1 orange:
1 orange = Rs 9
Find the gain:
Gain = 9 - 8 = Rs 1
Find the gain percentage:
Gain Percentage = gain/cost price x 100
Gain Percentage = 1/8 x 100 = 12.5%
Answer: The gain is 12.5%
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