a man purchase some orange @ 1 Orange for Rs. 2 and same number of oranges @ 2 orange for Rs.1 and he sells all of them @ 4 orange Rs. 3. Find profit or loss%.
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answer is28% loss he did
keshavpandya:
can you explain this.
i am not satisfied with your answer.
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The man will be at a loss of 50%.
Total price paid by the man for all the oranges = 2 × 2 + 2 × 1 = Rs. 6
Total price at which the mam sells all the four oranges = Rs. 3
As the selling price of the oranges is less than the cost price , the man will be at loss.
loss = cost price - selling price = 6 - 3
= Rs. 3
loss% = 3/6 × 100 = 50%
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