Question

Oranges are bought at 6 for Rs10 and sold at 4 for Rs 9.the gain or loss percent is

Answer 1

Cost price of orange = Rs10/6 = 5/3
selling price of orange =Rs 9/4
profit = 9/4 - 5/3 =Rs 7/12
profit percent = profit /100×cost price = 7/12 ×100 × 5/3 = 35/9 = 3.89%

Answer 2

C.p of 12 oranges= 20
S.p of 12 oranges = 27

Therefore it is clearly visible that there is a gain

Hence gain %=7/20 × 100% = 35%

Hope it helps

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