A vendor loses the selling price of 4 oranges on selling 36 oranges. His loss percent is
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Correct Answer:
C) 10%
Description for Correct answer:
Let SP of 1 oranges = Rs. 1
SP of 36 oranges = Rs. 36
SP of 4 oranges = Rs. 4
CP of 36 oranges = Rs. 36 + 4 = 40
According to question,
Loss = CP - SP
4 = 40 - 36
Loss% = 440×100=10%
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