Question

A man buys 120 oranges at 3 a rupee and 120 more at 2 a rupee and he sold the whole lot at 5 for for a rupees. find his total loss or profit percent​

Answer 1

Answer:

If he brought 120 oranges at 3 a rupee then the cost of 120 oranges -

120*3 = 360

Again he brought 120 more oranges at 2a rupee then the cost of the next 120 oranges -

120*2 = 240

Therefore, total cost price -

360+240 = 600

Again, the selling price of 120+120=240 oranges if he sold them at 5 a rupee -

240*5 = 1200

So, the selling price is more than the cost price.

Therefore he had profit.

So, Total profit = s.p. - c. p.

=1200 - 600

=600

Therefore, profit % = profit/c.p. * 100

= 600/600 *100

= 100%