If 15 oranges are bought for a rupee how many must be sold for a rupee to gain 25%
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12oranges.explained in pic.
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Answer: 12 oranges
Concept: Profit and Loss
Given:
a)Cost price of 15 oranges= 1
b)Gain %= 25%
To Find: Number of oranges to be sold
Step-by-step explanation:
As per the formula:
SP = (100+ value of gain percentage)/ 100 x CP
As given Cost price of 15 oranges is = Rs. 1
So, the cost price of 1 orange will be= 1/15
Given gain %= 25%
SP of 1 orange= ( 100+25)/100x1/15
= 125/100x1/15
= 1/12
For Rs. 1 number of oranges sold will be = 12.
Project code: #SPJ2
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