Question

If Karan purchased 10 oranges fo I'mr Rs25 and sell 9 oranges for Rs 25 then find gain percent

Answer 1

$\underline \bold{\huge {ANSWER\::}}$

{ PROBLEM BASED ON PROFIT/LOSS}

$11 \frac{1}{9} \%$

Steps to be followed :-

1. Given, the cost price of 10 oranges= Rs . 25.

2. Thus, the cost price of 1 orange = 25/10=Rs. 2.5

3. Now, the selling price of 9 oranges= Rs. 25

4. So, the selling price of one orange = 25/9.

5. As observed, there is a profit as the selling price is more than the cost price.

6. Calculate profit using the formula:

Profit= S.P - C.P

7. Now, calculate the profit percentage using the formula:-

$(profit \: \: percentage = \frac{profit}{cost \: price} \times 100)\%$

8. The answer is

$11 \frac{1}{9} \%$

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