A vendor buys oranges at 9 for rupees 10 and sells them at 12 for rupees 16 find his profit percent
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Step-by-step explanation:
9 oranges =₹10
cp of 1 orange = 10/9
12 orange =16
sp of 1 orange =16/12=4/3=8/9
g% = SP- cp / cp = 8/9-10/9÷10/9 = - 2/9÷10/9 =1/5×100=-20%
there is a loss of 20%
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