Oranges are bought at 6 for ₹20 and sold at 4 for ₹18.find the gain or loss percent.
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Answered by
356
cost price of 6 oranges = rs 20
cost price of 1 orange = rs 20/6
sold price or selling price of 4 oranges = rs 18
sold price of 1 orange = rs18/4
you can see that there is a profit,
so profit = P = selling price - cost price
= rs18/4-20/6
= 7/6
profit% or u can say gain%= profit/cost price ×100 ( it is a formula )
= 7/6/20/6×100
= 7×6/20×7×100
= 35% is the profit or gain %
cost price of 1 orange = rs 20/6
sold price or selling price of 4 oranges = rs 18
sold price of 1 orange = rs18/4
you can see that there is a profit,
so profit = P = selling price - cost price
= rs18/4-20/6
= 7/6
profit% or u can say gain%= profit/cost price ×100 ( it is a formula )
= 7/6/20/6×100
= 7×6/20×7×100
= 35% is the profit or gain %
Answered by
75
Cp of oranges =20÷6=10/3 Sp of 4 oranges =18÷4=9/2 p=9/2-10/3=7/6 p%=p×100/cp =7/6×100/10/3=35%
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