If Ajit bought 5 oranges for Rs 30 and sold each orange at Rs 8, what did he gain
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Answered by
1
SP=8 x5=40
gain = sp-cp=40-30=10
gain = sp-cp=40-30=10
Answered by
6
Heya!!
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CP of 5 oranges = Rs.30
CP of 1 orange = 30 ÷ 5 = Rs.6
Now, each orange is sold at a cost of Rs.8
So, SP of 1 orange = Rs.8
this means SP of 5 oranges = 8 × 5 = Rs.40
= = = = =
Now, Gain or Profit earned = SP - CP = Rs.40 - Rs.30 = Rs.10
Therefore, Ajit earns a profit of Rs.10 on selling 5 oranges at a selling price of Rs.8 per orange.
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