Oranges are bought at 6 for Rs10 and sold at 4 for Rs 9.the gain or loss percent is
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Cost Price of 6 oranges = Rs. 10
So, Cost Price of 1 orange = Rs. 10/6
Now, Selling Price of 4 oranges = Rs. 9
So, Selling Price of 1 orange = Rs. 9/4
Here, we see Selling Price is greater than Cost Price.
So, Gain = S.P. - C.P.
= 9/4 - 10/6
= 7/12
Therefore, Gain% = ( Gain / C.P. ) * 100
= (7/12) / (10/6) * 100
= 35%
So, Cost Price of 1 orange = Rs. 10/6
Now, Selling Price of 4 oranges = Rs. 9
So, Selling Price of 1 orange = Rs. 9/4
Here, we see Selling Price is greater than Cost Price.
So, Gain = S.P. - C.P.
= 9/4 - 10/6
= 7/12
Therefore, Gain% = ( Gain / C.P. ) * 100
= (7/12) / (10/6) * 100
= 35%
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