A fruitseller bought 200 oranges for
120 a score. He found that 25 oranges
were rotten. He sold the remaining
oranges for 5 each. Find his profit or
loss percentage.
Answers
1 score = 20 units
Find the total cost price:
20 oranges = Rs 120
1 orange = 120 ÷ 20 = Rs 6
200 oranges = 6 x 200 = Rs 1200
Find the total revenue:
Total oranges sold = 200 - 25 = 175
1 orange = Rs 5
175 oranges = 175 x 5 = Rs 875
Find the profit / loss:
Since cost price > selling price ⇒ It is a loss
Loss = 1200 - 875 = Rs 325
Find the loss percentage:
Loss percentage = loss/cost price x 100
Loss percentage =325/1200 x 100 = 27%
Answer: The loss percentage is 27%
1 score = 20 units
Find the total cost price:
20 oranges = Rs 120
1 orange = 120 ÷ 20 = Rs 6
200 oranges = 6 x 200 = Rs 1200
Find the total revenue:
Total oranges sold = 200 - 25 = 175
1 orange = Rs 5
175 oranges = 175 x 5 = Rs 875
Find the profit / loss:
Since cost price > selling price ⇒ It is a loss
Loss = 1200 - 875 = Rs 325
Find the loss percentage:
Loss percentage = loss/cost price x 100
Loss percentage =325/1200 x 100 = 27%
Answer: The loss percentage is 27%
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