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CBSE Class 8 Answered

By selling 36 oranges a vendor suffers a loss equal to the selling price of 4 oranges. Find his loss percent.
Asked by gspublicschool | 10 Oct, 2018, 07:15: AM
answered-by-expert Expert Answer
 
Let the Selling Price of one Orange = Rs. x

then the Selling Price of 4 oranges = Rs. 4x
 
Cost Price of 36 oranges = 36x + 4x = 40x
 
Loss = the Selling Price of 4 oranges = Rs. 4x

Loss%  =  begin mathsize 16px style fraction numerator Loss over denominator straight C. straight P end fraction cross times 100 end style
Substitute the values, we get

Loss% = 10%

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