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A fruitseller buys apples at the rate of 4 for 10 and sells them at the rate of 9 for 21. Find his loss or gain% 6. Aftab buys one dozen pens for 7 54 and sells them at the rate of 6 for 30. Find his loss or gain%
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Explanation:
Let x be the number of first purchase.
Cost of first purchase =10x/4
Cost of second purchase=10x/5
Total cost of both purchases=10x/4+10x/5 =90x/20=9x/2
Total selling price of the whole lot=2x*20/9=40x/9
Gain percentage =[(40x/9)/(9x/2)]*100-100= -1.2345679
There is a loss of 1.23%
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