a man purchases as certain number of oranges at a rupee 4 and the same same number of orange at a 5 rupee he mixes then and sells them a rs. 4. Find his gain or loss percentage ?
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Answer:
Step-by-step explanation:
Let us assume the quantity he purchases in both the phases is 100 each.
A/q,
He purchases 100 units at Rs. 25/unit
Price for 100 units = Rs 2500
Then, he purchases 100 units at Rs. 20/unit
Price for 100 units = Rs 2000
Total price for 200 units = 2500+2000= Rs. 4500.
Cost price of Each orange = 4500/200 = Rs. Rs. 22.5
Selling Price of each orange = Rs. 45
Profit = 45–22.5 = Rs. 22.5 or 100%
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