a man buy 120 apples at 3 a rupees and 120 more at 2a rupee and then he sells the whole lot at 5 for two rupee find his total loss or profit percent
Answers
Answer:
4%
Step-by-step explanation:
Find the cost of 120 apples at 3 a rupee:
3 apples = Rs 1
1 apple = 1 ÷ 3 = Rs 1/3
120 apples = 1/3 x 120 = Rs 40
Find the cost of 120 apples at 2 a rupee:
2 apples = Rs 1
1 apple = 1 ÷ 2 = Rs 1/2
120 apples = 1/2 x 120 = Rs 60
Find the total cost:
Total cost = 40 + 60 = Rs 100
Find the total selling price:
Total number of apples = 120 + 120 = 240
5 apples = Rs 2
1 apple = 2 ÷ 5 = Rs 2/5
240 apples = 2/5 x 240 = Rs 96
Find the profit/loss
Rs 96 < Rs 100 ⇒ It is a loss
Loss = 100 - 96 = Rs 4
Find the loss percentage:
Loss Percentage = loss/cost price x 100
Loss Percentage = 4/100 x 100 = 4%
Answer: The loss is 4%
1 apple = 1/3
120 = 1/3 × 120 =
40 Rs
1 apple =1/2
120 = 1/2 × 120 =
60 Rs
total cost of apple :
40 + 60 = 100
5 apple = 2 Rs
240 = 2/5 × 240
= 96
loss = C.P - S.P
= 100 - 96 = 4
loss % = 4/100 × 100
= 4%