Ram bought 10 dozen oranges at the rate of 6.40 per dozen. Of these, 20 oranges were rotten. He sold the rest at the rate of 40 paise per orange. State his profit or loss percentage.
Answers
Step-by-step explanation:
10dozen = 120 oranges
Rate per dozen = 6.40
Total cost price = 10 × 6.40= 64
20 oranges were rotten so 120-20 =100 oranges left
Total selling price = 100×0.40 = 40.00
Total cost price = 64
Total selling price = 40
Thus he had a lose of 14 rupees
Answer:
- There is Loss of 37.5%.
Step-by-step explanation:
Given,
- Ram bought 10 dozen oranges at the rate of 6.40 per dozen.
- Of these, 20 oranges were rotten.
- He sold the rest at the rate of 40 paise per orange.
To Find,
- His profit or loss percentage.
Solution,
Cost of 1 dozen = ₹ 6.40 •••[Given]
So, Cost of 10 dozen = ₹ 64
1 dozen = 12 oranges
So, 10 dozen = 120 Oranges
20 oranges were rotten •••[Given]
So, The Total Number of Oranges = 100
He sold rest @ 40paise / Orange
The Total Earning = 40 paise × 100 = 4000 paise
So, The Total Earning = ₹ 40
Cost Price = ₹ 64
Selling Price = ₹ 40
Cost price is greater than Selling price.
So, There is loss of ₹ 24 (64 - 40 = 24)
Loss Percentage = Loss / Cost Price × 100
→ Loss Percentage = ₹24/₹64 × 100
→ Loss Percentage = 37.5%
Required Answer,
- There is Loss of 37.5%.