a man buys oranges at the rate of 60 for 20 and sell them at the rate of 60 for 15. find his gain%
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Step-by-step explanation:
cp = 60 of 20 orange
sp = 60 of 15 oranges
so,
profit = 5 oranges
therefore:
cost of 1 orange = 3
sp od 1 orange = 4
profit amount of 1 orange = 1
total profit = 5
Than,
(5 / 60) *100%
8.333%
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