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A fruit seller bought oranges at the rate of 6 for Rs.8 and sold them at the rate of 8 for Rs.14. Find the gain or loss 

percent.

Asked by Topperlearning User 21st September 2016, 10:05 AM
Answered by Expert
Answer:

C P space o f space 6 space o r a n g e s space equals space R s. space 8
C P space o f space 1 space o r a n g e space equals space R s.8 over 6 equals space R s space 4 over 3
S P space o f space 1 space o r a n g e space equals space R s. space 14 over 8 equals space R s.7 over 4
thin space G a i n space space equals space S P space minus C P equals space R s space open parentheses 7 over 4 minus space 4 over 3 close parentheses
space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space equals R s space fraction numerator 21 space minus 16 over denominator 12 end fraction equals space 5 over 12
T h e r e f o r e space comma space G a i n space percent sign space equals space fraction numerator G a i n over denominator C P space end fraction cross times 100
space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space equals fraction numerator open parentheses begin display style 5 over 12 end style close parentheses over denominator open parentheses begin display style 4 over 3 end style close parentheses end fraction cross times 100 space equals space 5 over 12 cross times 3 over 4 cross times 100
space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space space equals 500 over 16 percent sign space equals space 125 over 4 percent sign equals space 31.25 percent sign

Answered by Expert 21st September 2016, 12:05 PM
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