Question

A vendor bought oranges for ₹160 and sold them for ₹150. Find his gain
or loss per cent.

Answer 1

Answer:

Correct option is A)

Step-by-step explanation:

CP of 20 oranges =Rs.125

∴ CP of 1 orange =Rs.

20

125

=Rs.6.25

SP of 12 oranges =Rs.90

∴ Sp of 1 orange =Rs.

12

90

=Rs.7.5

Profit = SP-CP =Rs.7.5−Rs.6.25=Rs.1.25

∴Profit%=

6.25

1.25

×100=20%

Answer 2

Answer:

CP of oranges = 160

SP of oranges = 150

loss = CP - SP

= 160 - 150

loss = 10

loss% = loss/CP × 100

= 10 / 160 × 100

loss% = 6.25% ANS