Question

A person buys 8oranges for Rs 15 and sell them at 10 for Rs 18. What is the loss or profit ?
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Answer 1

SP is greater than the CP

Profit = 18-15= 3
So profit percent = Profit/CP *100
3/15*100=20%
So profit percent is 20%.

Answer 2

$\Large{\underline{\underline{\bf{AnSweR:-}}}}$

ྉ Loss percent is 4 %

$\Large{\underline{\underline{\bf{SoLuTion:-}}}}$

❥ C.p. σf 8 σrαngєs ↠ ₹ 15

❥ S.p. σf 10 σrαngєs ↠ ₹ 18  

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Let the number of oranges bought ↠ LCM of ( 8 , 10 ) ↠ 40

C.P of 1 orange ↠ 15/8

So, C.P. of 40 oranges ↠ 15/8* 40

❥ C.P. of 40 oranges ↠ ₹ 75

Similarly,

S.P of 1 orange ↠ 18/ 10

So, S.P. of 40 oranges ↠ 18/10* 40

❥ S.P. of 40 oranges ↠ ₹ 72

Since, C.P > S.P there will be a loss

❥ Loss ↠ C.P - S.P Loss ↠ ₹ 75 - 72

❥ Loss ↠ 3

❥ Loss % ↠ loss/C.P * 100

❥ Loss % ↠3/75 * 100

❥ Loss % ↠ 4 %

Thus his loss percent is 4 %

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$\Large{\underline{\underline{\bf{Additional Information :-}}}}$

❧ What is Selling Price ?

❥ Thє sєllíng prícє, ís thє prícє thαt α wíllíng αnd αвlє вuчєr wσuld σffєr αnd whích thє sєllєr wσuld thєn αccєpt.

❧ What is Cost Price ?

❥ Cσst prícє ís thє tσtαl αmσunt σf mσnєч thαt ít cσsts α mαnufαcturєr tσ prσducє α gívєn prσduct σr prσvídє α gívєn sєrvícє.

❧ What is Profit?

❥ Prσfít ís α вєnєfít σr gαín, usuαllч mσnєtαrч. αn єхαmplє σf prσfít ís thє mσnєч α вusínєss hαs lєft αftєr pαчíng thєír єхpєnsєs.

❧ What is Loss?

❥ Thє mσnєч lσst вч sєllíng αn αrtíclє ís cαllєd lσss. whєn cσst prícє (c.p.) ís grєαtєr thαn thє sєllíng prícє (s.p.)

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