A shoperkeeper buys 15 oranges for 21 rupees and selles them at 20 oranges for 21 rupees find the gain or losss percentage
Answers
Step-by-step explanation:
SP of 12 oranges is = Rs. 60
Loss = 25%
CP of 12 oranges is = 60×10075=80
to gain 25%
SP = 80+25100×80 = Rs. 100
12 oranges sell for Rs. 100 to gain 25% = 12 Oranges
Let us write in detail about the given information
BUYING DETAILS ;
No of oranges brought by him = 15
Rate at which he had brought = Rs. 21
Then,
Cost of 1 orange = = =
SELLING DETAILS :
No of oranges sold by him = 20
Rate at which he had sold = Rs. 21
Then,
Cost of 1 orange = = =
Since cost price of 1 orange is greater the selling price of 1 orange is has lost
C.P > S.P = Loss
So Let us calculate Loss %
Loss = Cost price - Selling Price
= 1.40 - 1.25
= 0.15
Then,
Loss % =
=
=
%
Hence, there is loss of 10.71%.
To find gain or loss of the any given question follow these steps
Solve with given quantities and find whether C.P > S.P or S.P > C.P
If C.P is greater then there is Loss
If S.P is greater then there is Gain
Then According you can use and calculate Gain or Loss %
To find Loss { Loss = C.P - S.P }
To find Gain { Gain = S.P - C.P }
Hope it helps
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