A man purchases some mangoes at the rate of 3 for rs.40 and 5 for rs.60.If he sells all the mangoes at the rate of 3 for rs.50, find his gain or loss %
Answers
Answer:
Hence, the gain percentage is 32 % (approx.)
Step-by-step explanation:
L.C.M of 3 and 5 is 15:
Let a man buys 30 mangoes for total:
∴ C.P of 15 mangoes at 3 for Rs.40 = 40/3(15)
= Rs.200
Again, C.P for 15 mangoes at 5 for Rs.60 = 60/5(15)
= Rs.180
∴ total C.P = Rs. (200+180)
= Rs.380
S.P of 30 mangoes = 50/3(30)
= Rs.500
∴ Profit = Rs. (500-380)
= Rs.120
∴ Profit (%) = (120/380)(100)
= 31.58 %
= 32 % (approx.)
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