Question

(each question 7 Aman buys 120 oranges at 3 rupees and 120 more at 2 a rupees and he sold the whole lot at 5 for two rupees. find his total loss or profit.percent

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Answer 1

Find the cost of 120 apples at 3 a rupee:

3 apples = Rs 1

1 apple = 1 + 3 = Rs 1/3

120 apples = 1/3 x 120 = Rs 40

Find the cost of 120 apples at 2 a rupee:

2 apples = Rs 1

1 apple = 1 + 2 = Rs 1/2

120 apples = 1/2 x 120 = Rs 60

Find the total cost:

Total cost = 40 + 60 = Rs 100

Find the total selling price:

Total number of apples = 120 + 120 = 240

5 apples = Rs 2

1 apple = 2 ÷ 5 = Rs 2/5

240 apples = 2/5 x 240 = Rs 96

Find the profit/loss

Rs 96 < Rs 100 ➜ It is a loss

Loss = 100 - 96 = Rs 4

Find the loss percentage:

Loss Percentage = loss/cost price x 100

Loss Percentage = 4/100 x 100 = 4%

loss profit = 4%

I hope it helped you