A man bought some oranges at the rate of
Rs. 15 for 5 and sold them at the rate of
Rs. 16 for 4. Calculate his profit per cent. answer plzz and do not follow me
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Answer:
According to the question,
The cost price for 5 apples are 15 Rs
The Selling price for 4 apples are 16 Rs
Here we will take the LCM of 4 and 5 that will be 20. So we will check the CP and SP of 20 apples.
CP of 20 apples=15×5=75
SP of 20 apples=16×4=64
Now, Loss=CP-SP
75–64=11
Loss%=(Loss×100)/CP
(11×100)/75
=11×4/3
=44/3%
=14.67%.
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