Question

a vendor buys an apple at ₹30 per dozen and sells them at the rate of ₹16 for 5 apples. Find his gain or loss percent.​

Answer 1

Answer:

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Answer 2

Answer:

The profit percentage = 28%

Step-by-step explanation:

Given data

the cost price of apples per dozen  = 30 ₹

the selling price per 5 apples  = 16 ₹    

here we need to find his gain or loss percentage

from given data selling price of 5 apples = 16 ₹

        ⇒ selling price of 1 apple = 16/5 = 3.2 ₹    

then total selling price of 12 apples = 12 × 3.2 = 38.4 ₹  

here  selling price ∠ cost price                  

the profit he gained  = 38.4 - 30 = 8.4  

the profit percentage =   $\frac{8.4}{30} (100)$  

                                    =  $\frac{840}{30}$ = 28%