By selling oranges at the rate of rupees 72 per dozen women losses 10% of their investment what would be the percentage of her gain or loss if she is sold at rupees 600 per hundred
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Question ⤵️
By selling oranges at the rate of rupees 72 per dozen women losses 10% of their investment what would be the percentage of her gain or loss if she is sold at rupees 600 per hundred
Answer ⤵️
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
0.9x=72
x=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=72
The selling price of 12 oranges is 72.
The formula for profit percentage is
\%=\frac{SP-CP}{CP}\times 100
\%=\frac{72-80}{80}\times 100=-10
Negative sign represent the loss.
Therefore the loss percentage is 10%.
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