Question

A vendor bought bananas at 6 for rs 10 and sold them at 4 for rs 6. find his gain or loss percent

Answer 1

6 bananas ------- rs 10
 implies 1 banana ---   10/6 = 5/3
value of 4 bananas = 20/3
cp= 20/3
sp= 6
cp > sp
it is a loss
loss% =loss/ cp *100
    20/3-6/20/3 *100
2/3/20/3*100
110*100 = 10%
loss%= 10%

Answer 2

The loss percent is 10%.

• When an object is bought at a certain amount buy a buyer, the amount at which the object is bought is known as the cost price of the object. The amount of money at which the object is sold is called selling price of the object.
• If the selling price of the object is greater than the cost price of the object, profit is achieved and the profit is found out by subtracting the cost price of the object from the selling price of the object. Now, finding the equivalent profit when the cost price is Rs. 100 is called the profit percentage.

Here, according to the given information, we are given that,

The cost price of 6 bananas is Rs. 10.

Then, the cost price of 1 banana is Rs. $\frac{10}{6} =\frac{5}{3} .$

Again, the selling price of 4 bananas is Rs. 6.

Then, the cost price of 1 banana is Rs. $\frac{6}{4} = \frac{3}{2} .$

Then, the loss = Cost price - Selling price = $\frac{5}{3}-\frac{3}{2} = \frac{10-9}{6} =\frac{1}{6}.$

Then, loss percent = $\frac{\frac{1}{6} }{\frac{5}{3} } .100 =$ 10%.

Hence, the loss percent is 10%.

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