By selling mangoes at the rate of Rs 72 per dozen, a woman loses 10% of her investment. What would be her gain or loss, if she sold them at Rs 600 per hundred?
Answers
Let the cost of 1 dozen oranges be x.
By selling oranges at the rate of 72 rs per dozen a woman loses 10% of her investment
x-\frac{10}{100}x=72
x=80
1 dozen = 12 oranges
The cost of 12 oranges is Rs. 80.
SP=\frac{600}{100}\times 12=72
The selling price of 12 oranges is 72.
The formula for profit percentage is
\%=\frac{72-80}{80}\times 100=-10
Negative sign represent the loss.
Therefore the loss percentage is 10%.
Answer:
The loss percentage is 10%.
Step-by-step explanation:
Let the cost of 1 dozen oranges be x.
By selling oranges at the rate of 72 rs per dozen a woman loses 10% of her investment
1 dozen = 12 oranges
The cost of 12 oranges is Rs. 80.
The selling price of 100 oranges is 600. The selling price of 12 orange is
The selling price of 12 oranges is 72.
The formula for profit percentage is
Negative sign represent the loss.
Therefore the loss percentage is 10%.
.
gain = -10%
loss = 10%
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