If a man purchases some apples at the rate of 4 apples for * 5 and sells them at the rate
of 5 apples for * 4, How much profit or loss does he make?
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Answer:
LCM of 4and 5=20
Let the no of apples bought be 20
Cost of 4 apples=Rs 5
Therefore, cost of 1 apple =Rs 5/4
Therefore, cost of 20 apple
=Rs 5/4×20=Rs 25
Sp of 5 apples =Rs 4
Therefore, Sp of 1 apple=Rs 4/5
Therefore, Sp of 20 apple
=Rs4/5×20=16
Therefore, loss =(cp-sp) =Rs(25-16)=Rs 9
Therefore, loss%=9/25×100=36%
Step-by-step explanation:
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