Question

a shopkeeper boght 24 dozen oranges for 480. he sold 160 of these at 3.50 each and the remaining for 240. find his profit or loss per cent

Answer 1

TOTAL ORANGES BOUGHT = 24 DOZEN ORANGES = 24 × 12 ORABGES = 288 ORANGES.


TOTAL SELLING PRICE OF 160ORANGES = 160×3.50 = RS 560.
TOTAL SELLING PRICE OF REMAINING = RS 240.


TOTAL SELLING PRICE = RS 560 + RS 240 = RS 800

HERE, SELLING PRICE > COSTPRICE ( 800 > 480)

SO, PROFIT = SELLING PRICE - COST PRICE
= 800 - 480
= 320
PROFIT PERCENT = PROFIT ×100/ COST PRICE
= 320 × 100 / 480
= 66.6666667 % ( ANSWER)

Answer 2

Case1: Now total CP=480 Case2: SP=3.5/ Number of sold=160 :.Total SP=SP of 1 ×Total number of :.Putting value :.Total SP=3.5×160 :.Total SP=560 Case3: SP=240 :.Adding SP from Case2 and Case3- :.Total SP=560+240 :.Total SP=800 Now, Since, SP>CP :.Profit Also profit=SP-CP :.Putting value Profit=800-480 :.Profit=320 Now, profit %=$\frac{Profit}{CP}$ × :.Putting value Profit%=$\frac{320}{480}$ × Profit%=66.67%{ÆÑẞWĒR}