Apples are bought at 10 for RS 25 and sold at 4 for RS 9 Find the gain or loss%
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According to the question,
The cost price for 4 apples are 15 Rs
The Selling price for 5 apples are 16 Rs
Here we will take the LCM of 4 and 5 that will be 20. So we will check the CP and SP of 20 apples.
CP of 20 apples=15×5=75
SP of 20 apples=16×4=64
Now, Loss=CP-SP
75–64=11
Loss%=(Loss×100)/CP
(11×100)/75
=11×4/3
=44/3%
=14.67%.
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