Question

q- a vendor buys some articles at the rate of rs.4 and double the earlier number at the rate of 4 for rs 3 . if he sells the whole lot at 18 for rs 17, then calculate his profit or loss percent in the whole transaction
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Answer 1

Answer:

Since equal number of oranges are bought for 4 for₹10 and 5 for ₹10, the average price of all the oranges= (10/4 +10/5)/2

=(2.5+2)/2

Cost Price= ₹2.25= ₹9/4

Sale Price=₹ 20/9.

So Loss= ₹(9/4)-(20/9) per orange

= ₹ (81–80)/36

= 1/36.

Loss % = 1/36 x100

Loss % = 100/36=