Question

A fruitseller purchased 60 oranges at the rate of 12 for 10. He sold them at the rate of 10 for 12.
What is his profit or loss?
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Answer 1

Answer:

Loss

Step-by-step explanation:

Orange fruitseller bought = 60

CP - 12 rupees for 10 orange

12*6 = 72

72 rupees for 60 orange

SP - 10 rupees for 12 orange

10*6 = 60

60 rupees for 72 orange

CP greater than SP = Loss

(72 - 60) = 12

Loss = 12 rupees

Loss%= loss / CP * 100

12 / 72 * 100

6 * 100

60%

Hope u understand