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Aftab Choudhary

· started a discussion

· 1 Months ago

S.P =50/3*15= 250

Question:
A man purchases some oranges at the rate of 3 for Rs.40 and the same quantity at 5 for Rs.60. If he sells all the oranges at the rate of 3 for Rs.50, find his gain or loss percent (to the nearest integer).
Options:
A) 34% loss
B) 31.5% loss
C) 31.5% profit
D) 34% profit
Solution:

Ans: (C)

Let the man purchased 15 oranges of each type.


Knowledge Expert

· commented

· 1 Months ago

How 15??????


See:

Man purchased 15 oranges of each type

C.P of 1st type={40/3}*15=200

C.P of 2nd type={60/5}*15=180

Total cost price=(200+180)=380

Total selling price={50/3}*30=500

Profit percentage=(500-300)/380*100

=31.5%

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