A man buys a certain number of litchies at 20 per rupee and epual number at 30 per rupee . He mixed them and sold them at 25 per rupee. Find his gain or loss percent.
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Step-by-step explanation:
He buys x oranges at 20 for Rs.60/-
Each orange will cost 60/20 or Rs.3/-
So cost price of this variety of orange =3x
Similarly he buys x (same quantity) at 30 for Rs.60/-. So cost per orange 60/30 or Rs.2/-
So CP of the 2nd variety = 2x
Total quantity of both varieties :3x+2x = 5x
Total cost of both varieties = Rs.120/-
5x = Rs.120, x = 24
So his average CP is he buys 24 oranges for Rs.60/- or CP per orange =60/24 or 5/2
He sells at 25 oranges for Rs 60 or SP per orange = 60/25 or 12/5
Loss = CP-SP = 5/2-12/5=1/10
Loss Percent = loss/CP x 100
1/10 ÷5/2 x 100 = 1/10×2/5×100 = 4% loss.
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