fruit seller earns a profit of Rupees 1 by selling one orange and incurs a loss of 40 paise per Apple while selling raw apples.
i) in a particular week he incurs a loss of rupees 5. in this period he sold 45 oranges how many raw apples did he sell in this week
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Loss of 4% means that 40 apples per rupee means the price is 0.40 rupee per apple, which is 96% of the price for which the apples were bought; to gain a profit of 8%, the selling price must be 108% of the buying price:
96 / 0.40 = 108 / x {Set up proportions}
240 = 108 / x
240 x = 108
x = 108 / 240
x = 0.45
The selling price, for 108% profit, must be 0.45 rupee per apple, meaning 45 apples per rupee.
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