A vendor bought oranges at 20 for 56 and sold them at 35 per dozen. Find his
gain or loss per cent.
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Step-by-step explanation:
Let the number of oranges bought = LCM of 20 and 12=60.
C.P. of 20 oranges = Rs.56
∴ C.P. of 1 orange = Rs.
20
56
Hence the C.P. of 60 oranges = Rs.(
20
56
×60)= Rs. 168
S.P. of 12 oranges = Rs. 35
∴ S.P. of 1 orange = Rs.
12
35
Hence, the S.P. of 60 oranges = (
12
35
×60)=Rs.175
Thus C.P. = Rs.168 and S.P. = Rs. 175
Since (S.P.) > (C.P.) the vendor has made a gain
Gain =(175−168)= Rs. 7
∴ Gain % = (
C.P.
Gain
×100)%=(
168
7
×100)%=
6
25
%
We can see that, p=25 and q=6
Thus, p−q=25−6=19
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