Question

A shopkeeper buys 15 oranges for 21 and sells them at 20 oranges for 25. Find his gain
or loss percentage.
​

Answer 1

Answer:

There is loss of 10.71%.

Step-by-step explanation:

Since we have given that

Number of oranges bought = 15

Cost price = Rs. 21

Cost price of each orange is given by

\dfrac{21}{15}=\dfrac{7}{5}=Re.\ 1.4

15

21

=

5

7

=Re. 1.4

Number of oranges sold = 20

Selling price = Rs. 25

Selling price of each orange would be

\dfrac{25}{20}=\dfrac{5}{4}=Re.\ 1.25

20

25

=

4

5

=Re. 1.25

So, There will be loss and loss would be

\begin{gathered}Loss=CP-SP\\\\Loss=1.40-1.25\\\\Loss=0.15\end{gathered}

Loss=CP−SP

Loss=1.40−1.25

Loss=0.15

So, Loss percentage would be

\begin{gathered}\dfrac{0.15}{1.4}\times 100\\\\=\dfrac{15}{1.4}\\\\=10.71\%\end{gathered}

1.4

0.15

×100

=

1.4

15

=10.71%

Hence, there is loss of 10.71%.