Question

A man bought some fruits at the rate of 4 for rs.5 and sold them at the rate of 7 for rs.8. What is the profit or loss per cent?

Answer 1

Answer:

Lets take 4 for Rs.5 as 4/5 and 7 for Rs. 8 as 7/8

LCM of 5,8= 40

=4/5*8= 32/40

= 32 for 40 rupees

=7/8*5= 35/40

= 35 for 40 rupees

Therefore, he incurred a loss of 10.6%