a shopkeeper bought orange for 5 rupees per dozen .He had to sell them at a loss of 4 percent. . Find the S.P of one orange
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Answer:
cp=₹5
loss%=4
sp=?
loss%=loss/cp*100
loss%*cp/100=loss
4*5/100=loss
₹0.2=loss
loss=cp-sp
sp=cp-loss
sp=5-0.2
sp=₹4.8
Answered by
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Cost of 12 oranges = Rs. 5
Loss after selling 12 oranges = Rs. 4
C.P - S.P = Loss
Rs. (5 - S.P) = Rs. 4
S.P = Rs. 1
Therefore, selling price of 12 oranges = Rs. 1
Selling price of 1 orange = Rs.
= Rs. 0.083
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