Question

manoj buys apples as rs10 for rs8 and sells at 8 for rs 10 .Find his gain or loss percent​

Answer 1

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Manoj buys 10 apples for ₹8 and sells 8 apples for ₹10. Find his gain or loss percentage.

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GIVEN:-

Cost price of the 10 apples = ₹8

Selling Price of 8 apples = ₹10

TO FIND:-

Cost price of an apple = 8/10 = 0.8

Selling price of an apple = 10/8 = 1.25

SOLUTION:-

Profit = (SP ≥ CP) = SP - CP

Profit = 1.25 - 0.8 = 0.45

$LCM \: of \: 4 \: and \: 5 = 20$

$\frac{25 - 16}{20} = \frac{9}{20}$

Profit = 9/20

Profit Percent =

$( \frac{Profit}{CP} \times 100)\%$

(0.45 × 100)/0.8

45/0.8

45/0.8 = 56.25%

So, the Profit Percent is 56.25%.

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