Question

- A fruitseller buys oranges at the rate of 12 for 40 and sells them at the rate of 10
for 40. Find his gain or loss percent.
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Answer 1

Answer:

since CP of 2oranges is 1

so CP of 1 orange is 1/2.

now SP of 5 oranges is Rs 3

so SP of 1 orange is Rs 3/5.

Now he got profit

profit = 3/5 - 1/2 = 1/10

so profit (gain) % = ( 1/10 * 100)/1/2 = 20%

Step-by-step explanation: