By selling orange at the rate of 72 Rs. per dozen , a women losess 10% of her investment What would be the percentage of her gain or loss if she sold them at 600 Rs. per hundred
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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
x-\frac{10}{100}x=72x−
100
10
x=72
0.9x=720.9x=72
x=80x=80
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
SP=\frac{600}{100}\times 12=72SP=
100
600
×12=72
The selling price of 12 oranges is 72.
The formula for profit percentage is
\%=\frac{SP-CP}{CP}\times 100%=
CP
SP−CP
×100
\%=\frac{72-80}{80}\times 100=-10%=
80
72−80
×100=−10
Negative sign represent the loss.
Therefore the loss percentage is 10%.
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