Question

By selling 40 oranges for ₹ 7 a vendor gained 5%.How many for a rupee did he buy?

Answer 1

S.P.=40×7=280
gain=5%

C.P.=100×280/105
=5600/21


So,1 orange cost rs 5600/21

Answer 2

Answer:

The cost price for which he brought 40 oranges is Rs. 294

Step-by-step explanation:

Given Information:

Number of Oranges = 40

Selling Price of one Orange = Rs. 7

Gain % = 5 %

To Calculate: Amount for which the seller brought the oranges

Solution:

The Cost Price is the amount at which the retailer purchases its product from the source.

The Selling Price is the price at which the retailer sells its product to the consumers.

Selling Price of 40 Oranges = Rs. 40×7=280

Gain % =5%

C.P. = {(100+5)/100}280

C.P. = (105/100)280

C.P. = 2940/10

C.P. = 294

Thus, The cost price for which he brought 40 oranges is Rs. 294

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