A man buy apples at certain price at per dozen and sells themat 8 times the price per hundren . Find the profit or loss percentage
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Answer:
4% Loss
Step-by-step explanation:
A man buy apples at certain price at per dozen
Let say Man buy apples at Price 12X per Dozen
=> Price of 1 Apple = 12X/12 = X
Let say He buy 100Y Apples
then Total Cost Price = 100XY
He sells them at 8 times the price per hundren
8 time the price = 12X * 8 = 96X Per 100
100 Apples sold for 96X
100Y Apples sold for 96XY
Loss = 100XY - 96XY = 4XY
Loss % = (4XY/100XY) * 100 = 4%
4% Loss
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