Question

a man buys oranges at the rate of 20 for Rs 60 and sells them at the rate of 15 for 60. find gain percentage​

Answer 1

Answer:

33.33%

Step-by-step explanation:

So selling price of one orange is rupees 60 by 15 is equal to 4 no profit made on selling one orange is equal to rupees 4 -3= Rupees 1 . So gain percent of the man is 33.33%.

Answer 2

Given, cost price of 20 oranges = Rs 60

∴ cost price of 1 orange = Rs 60/20 = Rs 3

Again, selling price of 15 oranges = Rs 60

∴ selling price of 1 orange = Rs 60/15 = Rs 4

Now, profit made on selling 1 orange = Rs 4 - Rs 3 = Rs 1

So,

profit%= profit on 1 orange/ cost price on 1 orange x100

=profit%= 1/3 x 100 = 33.33%

Hence, gain% of the man is 33.33%.