Question

Oranges are bought at 6 for RS 20 and sold at 4 for RS 18. Find the gain or loss per cent

Answer 1

Answer:

Oranges = 6 oranges for Rs. 20

=> 1 Orange = 20 / 6

So 4 Oranges = 4 * 20 / 6 = 80 / 6 =>  40 / 3

Hence 4 oranges would cost Rs. 40 / 3  if it is sold at CP.

Selling Price = 4 oranges for Rs. 18

Hence SP > CP

=> Profit

Hence Profit = SP - CP = 18 - 40 / 3

Taking LCM we get,

=> 54 - 40 / 3 = 14 / 3

Hence Profit = 14 / 3

Hence Profit % = ( 14 / 3 / 40 / 3 ) * 100%

=> Profit % = ( 14 / 3 ) * ( 3 / 40 ) * 100%

=> Profit % = 14 / 40 * 100

=> Profit % = 0.35 * 100 = 35%

Hence the gain percentage is 35%.