if the selling price of a 18 oranges is equal to the cost price of 16 oranges find the loss or gain percent
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Answer:
Let the CP of 1 orange be Rs x
Then,
CP of 16 oranges will be 16×x=16x
And
CP of 16 oranges=SP of 18 pens
Hence,
SP of 18 oranges =16x
Then,
SP of 1 orange=16x÷18=
9
8
x
Since, CP>SP,
So
Loss=CP−SP.
=18x−16x
=Rs2x
Loss(%)=
CP
loss
×100
Loss(%)=
18x
2x
×100
=11
9
1
%
Hence the answer is =1
Step-by-step explanation:
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